Electronic Arts (EA) July weekly implied volatility increases into Q1 and outlook

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Electronic Arts (EA) PT Raised to $135 at Jefferies: Reiterates Buy

July 28, 2017 9:26 AM EDT

Jefferies raised its price target on Electronic Arts (NASDAQ: EA) to $135.00 (from $123.00) while maintaining a Buy rating. Non-GAAP revenue grew 14% Y/Y to $775MM, ahead of the Street's $760MM and $750MM guide. Non-GAAP EPS of $0.30 beat the Street's $0.28 and $0.25 outlook.

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