Activision Blizzard (ATVI) PT Raised to $75 at Baird

November 3, 2017 5:33 AM EDT
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Price: $94.42 --0%

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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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Robert W Baird