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Activision Blizzard (ATVI) PT Raised to $80 at Benchmark

February 9, 2018 8:09 AM EST
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: 12 | Down: 19 | New: 8
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Benchmark raised its price target on Activision Blizzard (NASDAQ: ATVI) to $80.00 while maintaining a Buy rating.

Analyst Mike Hickey commented, "The Company reported a better than expected performance; with all segments exceeding our forecast. ATVI's F1Q18 guide was essentially in-line with our estimates, while their initiated FY18 view greatly exceeded our forecast. We raised our FY18 and normalized medium term earnings estimates."



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