Activision Blizzard Announces Agreement to Acquire King Digital Entertainment and Better-Than-Expected Third Quarter 2015 Financial Results
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Activision Blizzard (ATVI) PT Lifted to $40 at UBS on Solid Results and King Deal
November 4, 2015 8:10 AM ESTUBS analyst Eric Sheridan reiterated a Buy rating and boosted his price target on Activision Blizzard (NASDAQ: ATVI) to $40.00 (from $36.00) following solid results and the KING takeover.
commented, "While ATVI delivered another quarter of upside across revenues, EBITDA and EPS driven... More
Activision Blizzard (ATVI) Becomes a Leader in Mobile Gaming with King Digital Entertainment (KING) Acquisition; MKM Partners Reiterates Buy
November 3, 2015 3:31 PM ESTMKM Partners reiterated a Buy rating and $38.00 price target on Activision Blizzard (NASDAQ: ATVI), following the company's announced acquisition of, mobile gaming company, King Digital Entertainment (NYSE: KING). With three new titles slated for release in 2016, including Kings's first midcore game,... More
Activision Blizzard (ATVI) Surprises Macquarie With KING Acquisition; Macquarie Reiterates Outperform
November 3, 2015 1:46 PM ESTMacquarie reiterated an Outperform rating on Activision Blizzard (NASDAQ: ATVI), and raised the price target to $36.00 (from $28.00), following the announced acquisition of King Digital Entertainment (NYSE: KING) and 3Q earnings results. Overall, 3Q numbers and commentary were mostly... More
Activision Blizzard (ATVI) Announces Acquisition of King Digital; Cowen Reiterates Outperform
November 3, 2015 7:02 AM ESTCowen reiterated an Outperform rating and $35.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's announcement that they are buying King Digital. Cowen believes that this deal is an absolute steal for Activision and immediately vaults them to being one of the... More
Zynga (ZNGA), Others on Watch Amid Sector Deal
November 2, 2015 10:47 PM ESTMobile game makers Zynga (NASDAQ: ZNGA) and Glu Mobile (NASDAQ: GLUU) will be on watch Tuesday amid news overnight that Activision Blizzard, Inc. (Nasdaq: ATVI) is acquiring King Digital Entertainment plc (NYSE: KING) for $18.00 in cash per share, for a total equity value of $5.9 billion.
... MoreActivision Blizzard (ATVI) Tops Q3 EPS by 6c
November 2, 2015 10:44 PM ESTIn addition to announcing plans to acquire King Digital, Activision Blizzard (NASDAQ: ATVI) reported Q3 EPS of $0.21, $0.06 better than the analyst... More
