Electronic Arts (EA): Buy On Titanfall Weakness - Mizuho
- Top 10 News for 12/2: Crude Rips on OPEC Cut; Starbucks' Schultz Steps Down; Nonfarm Payrolls Flat in Nov.
- Unemployment Rate Drops to 4.6%
- Bond yields fall on U.S. jobs data, euro flat before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
Mizuho Securities analyst, Neil Doshi, reiterated his Buy rating on shares of Electronic Arts (NASDAQ: EA) after shares fell 4% on concerns that sales of Titanfall 2 were off to a weak start and that unit sales of the game could be nearly half of the company's F17 guidance for 9-10m units.
Based on the analyst's checks of 35 retail stores around the country, review of Metacritic scores, a larger hardware installed base, and recent best sellers' lists, the analyst believes sales of Titanfall 2 are off to a strong start.
No change to the price target of $84.
Shares of Electronic Arts closed at $79.45 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Brean Capital Cuts Price Target on G-III Apparel Group (GIII) Following 3Q Miss
- Jefferies Raises Price Target on US Physical Therapy (USPH) to $63 Following 12-Clinic Acquisition
- Jefferies Cuts Price Target on Kroger (KR) to $30 Following 3Q and Guidance
Create E-mail Alert Related CategoriesAnalyst Comments
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!