Activision raises full-year forecast, third quarter revenue tops estimates
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Oppenheimer Remains Bullish as Activision Blizzard (ATVI) Reports 3Q
November 4, 2016 8:40 AM EDTOppenheimer maintained an Outperform rating and $53.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's 3Q earnings report. Adjusted revenues and EPS of $1,630M and $0.52 beats consensus of $1,567M/$0.42. Activision revenues were down 36% Y/Y, Blizzard was up 97% Y/Y thanks to strong... More
Mizuho Securities Reiterates Buy on Activision Blizzard (ATVI) Following 3Q
November 4, 2016 7:31 AM EDTMizuho Securities reiterated a Buy rating and $48.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's 3Q earnings report. A|B reported revenue of $1.63b, surpassing Street expectations by 4%, or $60m. Non-GAAP EPS was $0.52, significantly ahead of the Street estimates of $0.42. For... More
