Activision Blizzard (ATVI) PT Lowered to $62 at Bernstein
Tweet
Share
E-mail
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: 8 | Down: 5 | New: 26
Rating Summary:
22 Buy, 22 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Bernstein analyst Todd Juenger lowered the price target on Activision Blizzard (NASDAQ: ATVI) to $62.00 (from $72.00) while maintaining a Market Perform rating.
"Right now, there are clearly issues with Destiny (reach), Overwatch (monetization), and no major Blizzard launch scheduled (compounded by q's about China)," Juenger wrote.
They also lower FY19 EPS from $2.81 to $2.77 and FY20 $3.45 to $2.92.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Advance Auto Parts (AAP) PT Lowered to $48 at DA Davidson Following 25% Selloff Post Q2 Results
- Deere (DE) PT Lowered to $728 at UBS as Agricultural Machinery Cycle Gets Closer
- Walmart (WMT) PT Lowered to $125 at JPMorgan, Overweight Rating Maintained as 'Short Case Feels Greedy'
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
Sanford C. BernsteinSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
