Activision Blizzard (ATVI) PT Raised to $75 at Baird
Get Alerts ATVI Hot Sheet
Price: $94.42 --0%
Rating Summary:
22 Buy, 22 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 7 | New: 13
Rating Summary:
22 Buy, 22 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 7 | New: 13
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Baird raised its price target on Activision Blizzard (NASDAQ: ATVI) to $75.00 (from $68.00) while maintaining an Outperform rating following another beat and raise.
Analyst Colin Sebastian noted Destiny 2 strength, mobile monetization fueled the Q3 beat. Sebastian added that digital trends appear to be accelerating with significant contributions from in-game transactions and mix of full-game downloads, contributing to margin tailwinds.
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