Electronic Arts forecasts annual bookings below estimates as gamers cut spending
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Electronic Arts (EA) PT Lowered to $150 at Deutsche Bank
May 8, 2024 4:23 PM EDTDeutsche Bank analyst Benjamin Soff lowered the price target on Electronic Arts (NASDAQ: EA) to $150.00 (from $153.00) while maintaining a Hold rating.
The analyst comments "EA's F4Q24 results came in below our expectations, missing our forecast for bookings, adj. OI, and adj. EPS by 8.6%, 16.0% and... More
