Activision Blizzard (ATVI) Misses Q4 EPS by 3c, Offers Q1 & FY Guidance
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Activision Blizzard (ATVI) PT Lowered to $36 at UBS on Disappointing Q4, Outlook
February 12, 2016 7:35 AM ESTUBS analyst Eric Sheridan lowered his price target on Activision Blizzard (NASDAQ: ATVI) to $36 from $44 following disappointing Q4 results and outlook. The firm maintained a Buy rating saying the long-term thesis is intact.
Sheridan commented, "Despite a strong quarter for the Call of Duty franchise,... More
Activision Blizzard (ATVI) PT Lowered to $36 at UBS on Disappointing Q4, Outlook
February 12, 2016 7:35 AM ESTUBS analyst Eric Sheridan lowered his price target on Activision Blizzard (NASDAQ: ATVI) to $36 from $44 following disappointing Q4 results and outlook. The firm maintained a Buy rating saying the long-term thesis is intact.
Sheridan commented, "Despite a strong quarter for the Call of Duty franchise,... More
Mizuho Keeps Buy Rating After Activision's (ATVI) Rare Miss
February 12, 2016 7:12 AM ESTMizuho analyst, Neil Doshi, cut his price target after Activision (NASDAQ: ATVI) had a rare quarterly miss. The PT comes down significantly but the analyst keeps his Buy rating since a good part of the reduction came from title push out and the acquisition with the companies businesses cash generation ability intact.
The last time ATVI missed was in 2011 but the analyst is sticking with his Buy rating for the following reasons:
1) Nothing structural has changed - Skylanders and GH underperformed and Destiny got pushed... More
