EA's forecast hit by delay in basketball game launch, shares slip

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Oppenheimer Reiterates Outperform Rating on Electronic Arts (EA) Following 2Q

October 30, 2019 8:24 AM EDT

Oppenheimer analyst Andrew Uerkwitz reiterated an Outperform rating and $110.00 price target on Electronic Arts (NASDAQ: EA) following the company's 2Q earnings report. EA reported better-than-expected F2Q20 net bookings / non-GAAP EPS of $1,277M/$0.97, compared to consensus of $1,247M/$0.86E.

F3Q20 net bookings /... More

Oppenheimer Reiterates Perform Rating on Activision Blizzard (ATVI) Ahead of BlizzCon 2019

October 30, 2019 8:14 AM EDT

Oppenheimer analyst Andrew Uerkwitz reiterated a Perform rating and {REMOVEPT} price target on Activision Blizzard (NASDAQ: ATVI) ahead of BlizzCon 2019. The convention will take place in Anaheim Convention Center this weekend. Uerkwitz expects Blizzard to reveal a new WoW expansion, a new Overwatch... More