Jefferies Starts Electronic Arts (EA) at Hold; Waiting for that Breakout Hit

Jefferies initiates coverage on Electronic Arts (NASDAQ: EA) with a Hold. PT $15.00.

Jefferies analyst said, "EA is a pure-play digital entertainment company with broad exposure to the global gaming markets. The company remains #1 in sports and is moving aggressively into mobile / social markets. But without a true mega-blockbuster, EA seems slightly more at-risk than its peers as the landscape rapidly evolves. We attribute recent share declines to disappointment over Star Wars, and believe EA looks fully valued at these levels."

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 $13.03 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Jefferies Starts Aehr Test Systems (AEHR) at Buy
• Raymond James Starts SpyGlass Pharma (SGP) at Outperform
• Lake Street Starts RF Industries Ltd. (RFIL) at Buy