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Needham & Company Downgrades Electronic Arts (EA) to Hold on CEO Departure and Sales Warning

Go back to Needham & Company Downgrades Electronic Arts (EA) to Hold on CEO Departure and Sales Warning

Brean Calls Electronic Arts (EA) CEO Departure Positive Development

March 19, 2013 10:59 AM EDT

Brean Capital today maintained a Buy rating on Electronic Arts (NASDAQ: EA) with a price target of $22.00. Yesterday the company announced its CEO John Riccitiello would resign.

Commenting on developments, analyst Todd Mitchell said, "While the quarter's miss is disappointing, and could... More