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: 14 | Down: 11 | New: 17
Rating Summary:
22 Buy, 22 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 11 | New: 17
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
- Macquarie Double Upgrades Kinsus Interconnect Technology Corp (3189:TT) to Outperform
- Morgan Stanley Assumes PNB Housing Finance Ltd. (PNBHOUSI:IN) at Overweight
- Macquarie Downgrades SF Holding Co Ltd (002352:CH) to Neutral
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!
