On the Latest BizWireTV Berkshire Hathaway’s Annual Shareholders Meeting and the Top 5 Trending Stories of the Week

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Mizuho Securities Reiterates Buy on Activision Blizzard (ATVI) Following Strong 1Q Beat

May 6, 2016 7:23 AM EDT

Mizuho Securities reiterated a Buy rating on Activision Blizzard (NASDAQ: ATVI), and raised the price target to $42.00 (from $35.00), following the company's 1Q earnings report. ATVI reported revenue of $908m, surpassing Street expectations by 12%, or $95m. 1Q non-GAAP EPS of $0.23 was significantly higher than the... More