Mizuho Securities Reiterates Buy on Electronic Arts (EA) as GameStop Looks to Boost 'Battlefront' Sales
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Oppenheimer Says Electronic Arts' (EA) 'Battlefront' Will Sell Strongly in Coming Months; Reiterates Outperform
November 24, 2015 9:53 AM ESTOppenheimer reiterated an Outperform rating and $83.00 price target on Electronic Arts (NASDAQ: EA) as EA shares sell off over concerns on Star Wars: Battlefront. The stock has lost over 10% of its value since reaching its all-time high of $76.77 on October 28th. Oppenheimer believes that the selloff is... More
GameStop's warning on EA's Star Wars game seen premature
November 23, 2015 7:57 PM ESTBy Sai Sachin R and Anya George Tharakan
(Reuters) - Electronic Arts Inc (NASDAQ: EA) has little to fear from retailer GameStop Corp's (NYSE: GME) warning about weak sales for EA's just-released "Star Wars" title, with analysts agreeing it was too early to predict its success or failure.
The videogame publisher's shares fell as much as 7 percent on Monday after GameStop said its sales of "Star Wars: Battlefront" were weaker than anticipated.
Analysts and one top investor in EA said it was premature to conclude... More
GameStop (GME) Comments on EA's (EA) 'Star Wars: Battlefront' Not Consistent - Macquarie
November 23, 2015 2:17 PM ESTElectronic Arts (NASDAQ: EA) is down nearly 6% today after video game retailer GameStop (NYSE: GME) said sales of Star Wars: Battlefront were below its initial expectations, which were already recently lowered. However, analyst Ben Schachter from Macquarie noted "a very abrupt change of tone about the Star Wars title as GMEs conference call progressed."
"While in the... More
