GameStop's warning on EA's Star Wars game seen premature
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Oppenheimer Says Electronic Arts' (EA) 'Battlefront' Will Sell Strongly in Coming Months; Reiterates Outperform
November 24, 2015 9:53 AM ESTOppenheimer reiterated an Outperform rating and $83.00 price target on Electronic Arts (NASDAQ: EA) as EA shares sell off over concerns on Star Wars: Battlefront. The stock has lost over 10% of its value since reaching its all-time high of $76.77 on October 28th. Oppenheimer believes that the selloff is... More
Mizuho Securities Reiterates Buy on Electronic Arts (EA) as GameStop Looks to Boost 'Battlefront' Sales
November 24, 2015 8:55 AM ESTMizuho Securities reiterated a Buy rating and $84.00 price target on Electronic Arts (NASDAQ: EA) after GameStop reported that Star Wars: Battlefront was off to a slower-than-expected start. However, GameStop Leaked black friday plans on offering $30 off select EA games, including Madden NFL... More
Industry Weakness Leads to EPS Miss for GameStop (GME); Wedbush Cuts Price Target to $45
November 24, 2015 7:53 AM ESTWedbush maintained an Outperform rating on GameStop (NYSE: GME), and cut the price target to $45.00 (from $55.00), following the company's 3Q earnings report. Halo 5 and Ubisofts Assassins Creed Syndicate underperformed expectations, and industry hardware sales did not accelerate after price cuts. Non-GAAP EPS... More
GameStop (GME) Underlying Trends Better Than Miss Shows - Sterne Agee CRT
November 24, 2015 7:34 AM ESTSterne Agee CRT analyst, Arvind Bhatia, believes underlying trends at GameStop (NYSE: GME) are better than the $0.05 EPS miss in 3Q. The firm reiterated a Buy rating while lowering estimates and its price target to $41.00 (from $52.00).
Positives in the quarter include:
-GME held a 53% share of new PS4/Xbox One... More
