UBS Reiterates Neutral Rating on Electronic Arts (EA)

UBS analyst Christopher Schoell reiterated a Neutral rating and $167.00 price target on Electronic Arts (NASDAQ: EA).

The analyst commented, "EA’s Battlefield 6 launch event provided the roadmap for executing on one of the most ambitious titles in the franchise’s history. The game will release on October 10th for PS5, Xbox Series X/S and PC at $70 for the standard edition (in-line with our expectations). We believe the feature set is tailored to reinvigorate the legacy Battlefield base (40M+ players in ecosystem) while making the game accessible, with a new free to play battle royale experience likely on the horizon. We also believe the company is positioning Battlefield 6 as a platform with a multi-year pipeline of content supporting recurring engagement and monetization."

For an analyst ratings summary and ratings history on Electronic Arts click here. For more ratings news on Electronic Arts click here.

Shares of Electronic Arts closed at $152.49 yesterday.

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