UBS Maintains a 'Buy' on Electronic Arts (ERTS); They’re Making Good Games

UBS maintains a 'Buy' on Electronic Arts (Nasdaq: ERTS), raises PT from $23 to $24.

UBS analyst says, "FIFA 11 has best franchise launch with 2.6MM units sold (+29% Y/Y)...Medal of Honor sets franchise pre-order record...Other EA titles performing well; rest of year looks solid."

FY11 EPS estimate increased from $0.70 to $0.75 and FY12 from $0.98 to $1.01.

To see all the upgrades/downgrades on shares of ERTS, visit our Analyst Ratings page.

Shares are trading at $17.54, down $0.27 (-1.52%)

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