Activision Blizzard Announces Better-Than-Expected Second-Quarter 2017 Financial Results

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Activision Blizzard (ATVI) PT Raised to $66 at Cowen

August 4, 2017 6:27 AM EDT

Cowen raised its price target on Activision Blizzard (NASDAQ: ATVI) to $66.00 (from $59.00) while maintaining a Outperform rating following its latest earnings beat.

"Management preorder commentary for CoD: WWII and Destiny 2 remains very positive," the analyst commented.

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Activision Blizzard (ATVI) Tops Q2 EPS by 13c

August 3, 2017 4:11 PM EDT

Activision Blizzard (NASDAQ: ATVI) reported Q2 EPS of $0.43, $0.13 better than the analyst estimate of $0.30. Revenue for the quarter came in at $1.63 billion, may not compare to consensus estimate of $1.22 billion.

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