Electronic Arts (EA): Expecting Upside To Cautious Guidance - Wedbush

October 26, 2016 7:47 AM EDT
Get Alerts EA Hot Sheet
Price: $80.12 --0%

Rating Summary:
    19 Buy, 8 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 7 | Down: 8 | New: 1
Trade EA Now!
Join SI Premium – FREE

Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.

Wedbush analyst, Michael Pachter, reiterated his Outperform rating on shares of Electronic Arts (NASDAQ: EA) and raised his price target to $92 from $86 since he expects upside to cautious guidance after strong Launches for Battlefield 1 and Titanfall 2.

The analyst stated "We expect significant growth for the foreseeable future driven by cost discipline, digital momentum, and impressive franchises including the Star Wars games and the recently-released FIFA Mobile."

EA Reports September 30th after the close.

For an analyst ratings summary and ratings history on Electronic Arts click here. For more ratings news on Electronic Arts click here.

Shares of Electronic Arts closed at $82.94 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst PT Change

Add Your Comment