Ascendiant Capital Starts Electronic Arts (EA) at Neutral; Fairly Valued At Current Level
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Price: $209.70 --0%
Rating Summary:
15 Buy, 32 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
15 Buy, 32 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Ascendiant Capital initiates coverage on Electronic Arts (NASDAQ: EA) with a Neutral. PT $16.00.
Analyst, Edward Woo, said, "Concerns on key games, weak industry sales, and lack of near-term catalysts likely to keep shares range bound. We recommend waiting for a better entry point for the stock before valuation becomes attractive."
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 $15.89 yesterday.
Analyst, Edward Woo, said, "Concerns on key games, weak industry sales, and lack of near-term catalysts likely to keep shares range bound. We recommend waiting for a better entry point for the stock before valuation becomes attractive."
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 $15.89 yesterday.
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