Electronic Arts (EA) PT Raised to $171 at Benchmark Into EPS

February 2, 2021 7:15 AM EST
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Price: $143.96 +0.40%

Rating Summary:
    30 Buy, 13 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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Benchmark analyst Mike Hickey raised the price target on Electronic Arts (NASDAQ: EA) to $171.00 while maintaining a Buy rating.

The analyst commented, "EA, will report AMC today, Tuesday Feb. 2nd, and host a conference call at 5pm ET, Dial: 1.866.324.3683. We anticipate EA will deliver a strong F3Q21 financial results. We believe they can step up growth in FY22 from owned IP releases including the next Battlefield release. We applaud the Codemasters deal and have layered incremental performance into our estimates."

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