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