Activision Blizzard (ATVI) PT Raised to $52 at UBS
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Activision Blizzard (ATVI): Overwatch and Digital Drive A 2Q Beat - Baird
August 5, 2016 7:24 AM EDTBaird analyst, Colin Sebastian, reiterated his Outperform rating on shares of Activision Blizzard (NASDAQ: ATVI) after Q2 results beat expectations driven by a successful Overwatch launch and ongoing Digital momentum.
Activision reported non-GAAP revenues and EPS well above consensus expectations (+112% Y/Y, +53% ex-King), driven primarily by 129% Digital revenue growth (87% of total.) King indicated... More
Activision Blizzard (ATVI) PT Raised to $55 at Jefferies
August 5, 2016 7:21 AM EDTJefferies US Interactive Entertainment Team reiterated a Buy rating and raised his price target on Activision Blizzard (NASDAQ: ATVI) to $55.00 (from $45.00)
They commented, "Overwatch has already generated $500MM in sales since its launch in May, well ahead of our prior $400MM... More
Activision Blizzard (ATVI) PT Raised to $46 at Piper Jaffray on Upside Driven by Overwatch and Call of Duty DLC
August 5, 2016 7:04 AM EDTPiper Jaffray analyst Michael Olson reiterated an Overweight rating and lifted his price target on Activision Blizzard (NASDAQ: ATVI) to $46.00 (from $42.00) following Q2 upside on Overwatch and Call of Duty DLC.
Olson commented, "Activision's Q2'16 results were above consensus and mgmt.... More
Activision Blizzard (ATVI): Overwatch Blowout - Mizuho
August 5, 2016 6:22 AM EDTMizuho Securities analyst, Neil Doshi, reiterated his Buy rating on shares of Activision Blizzard (NASDAQ: ATVI) after the company reported revenue of $1.61b, surpassing Street expectations by 11%, and non-GAAP EPS of $0.54 was significantly higher than Street estimates of $0.42. EPS came in $0.16 above guidance of $0.38 as ~$0.04 was due to... More
Activision Blizzard (ATVI) Tops Q2 EPS by 3c
August 4, 2016 4:18 PM EDTActivision Blizzard (NASDAQ: ATVI) reported Q2 EPS of $0.45, $0.03 better than the analyst estimate of $0.42. Revenue for the quarter came in at $1.57 billion versus the consensus estimate of $1.46 billion.
Bobby Kotick, Chief Executive Officer of Activision Blizzard, said, With Overwatchs incredibly successful launch, Call... More