Activision Blizzard (ATVI) Tops Q4 EPS by 6c; Issues Light FY15 Outlook

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Activision Blizzard (ATVI) PT Lowered to $26 at Jefferies

February 6, 2015 6:43 AM EST

Jefferies US Interactive Entertainment Team reiterated a Buy rating on Activision Blizzard (NASDAQ: ATVI) but lowered its price target to $26.00 (from $27.00) following solid Q4 but a dampened outlook due to FX.

The team commented, "Activision delivered a holiday beat with solid contributions from... More