Shares of Electronic Arts (ERTS) Trade up 6% on Citi Upgrade and Positive Black Friday News

November 28, 2011 2:54 PM EST
Get Alerts ERTS Hot Sheet
Price: $19.84 -1.93%

Rating Summary:
    6 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Shares of Electronic Arts Inc. (Nasdaq: ERTS) are trading up 6 percent on the day as positive feedback comes in from retails for Black Friday and Citigroup (NYSE: C) upgrades the shares to a Buy.

The firm is reaffirming its $26 price target on the shares as retailers such as Best Buy (NYSE: BBY) report some of the strongest demand was in the video game segment.


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