TD Cowen Reiterates Buy Rating on Electronic Arts (EA)

July 23, 2024 2:08 PM EDT
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Price: $209.70 --0%

Rating Summary:
    15 Buy, 32 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 9 | New: 20
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TD Cowen analyst Doug Creutz reiterated a Buy rating and $163.00 price target on Electronic Arts (NASDAQ: EA).

The analyst commented, "Engagement metrics for CFB 25's first week in launch suggest a performance comfortably ahead of what Madden typically achieves and at least comparable to what Take-Two's NBA 2K typically achieves. We believe unit sales will likely generate at least $0.25-$0.50 of upside to FY25 EPS, before any potential further impact from in-game bookings, which could be substantial."

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 $143.25 yesterday.



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