Macquarie Starts ATVI, ERTS, TTWO at Outperform

Macquarie's Ben Schachter initiated coverage on the following Software & Programming (Video Gaming) stocks Wednesday morning, each with an Outperform rating:

• Activision Blizzard (Nasdaq: ATVI) - $16 price target
  
• Electronic Arts (Nasdaq: ERTS) - $26 price target
  
• Take-Two Interactive (Nasdaq: TTWO) - $18 price target

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