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Wedbush Reiterates Outperform on Activision Blizzard (ATVI) Following Announced King Digital (KING) Acquisition

November 9, 2015 8:16 AM EST

Wedbush reiterated an Outperform rating on Activision Blizzard (NASDAQ: ATVI), and raised the price target to $47.00 (from $37.00), following the announced acquisition of King Digital Entertainment (NYSE: KING). Analyst Michael Pachter doesn't expect the acquisition to be completed by year-end,... More