Activision Blizzard (ATVI) Tops Q2 EPS by 13c

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Activision Blizzard (ATVI) PT Raised to $95 at Oppenheimer

August 5, 2020 6:47 AM EDT

Oppenheimer analyst Andrew Uerkwitz raised the price target on Activision Blizzard (NASDAQ: ATVI) to $95.00 (from $75.00) while maintaining a Outperform rating.

The analyst commented, ""All Ghillied Up" is an iconic level in the original Call Of Duty: Modern Warfare. It offers incredible balance between intensity,... More

"Call of Duty" propels Activision to raise full-year sales forecast

August 4, 2020 4:08 PM EDT

(Reuters) - Activision Blizzard Inc (NASDAQ: ATVI) raised its full-year forecast for adjusted sales after beating quarterly estimates on Tuesday, encouraged by a pandemic-driven surge in gaming and the next release in its blockbuster "Call of Duty" franchise later this year.

The company raised its 2020 adjusted revenue forecast to $7.63 billion from $6.9 billion, edging past analysts' estimate of $7.22 billion, according to... More