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Stifel Raises Price Target on Electronic Arts (EA) Following 4Q Beat
May 12, 2016 9:58 AM EDTStifel reiterated a Buy rating on Electronic Arts (NASDAQ: EA), and raised the price target to $82.00 (from $81.00), following the company's 4Q earnings report. EA reported non-GAAP EPS of $0.50 beating the consensus estimates ($0.44), and guidance ($0.40). FY4Q results capped a record year for the company.... More
UBS Remains Bullish on Electronic Arts (EA) Following 4Q Results
May 11, 2016 9:20 AM EDTUBS maintained a Buy rating and $82.00 price target on Electronic Arts (NASDAQ: EA) following the company's solid 4Q earnings results. 1Q17 estimates for revenues were raised to $649mm (from $720mm). Adjusted EBITDA of $37mm was changed from $116mm previously. EPS is estimated to be $(0.02) (from $0.18).
Analyst Eric... More
Oppenheimer Reiterates Outperform on Electronic Arts (EA) Following 4Q Beat
May 11, 2016 9:03 AM EDTOppenheimer reiterated an Outperform rating and $78.00 price target on Electronic Arts (NASDAQ: EA) following the company's 4Q earnings report. EA reported a non-GAAP EPS of $0.50, ahead of consensus estimates of $0.42. Revenues of $924M also came in ahead of $889M estimates. Management guided 1Q17 and FY17... More
Baird Reiterates Outperform on Electronic Arts (EA) Following 4Q Beat
May 11, 2016 7:01 AM EDTBaird maintained an Outperform rating and $80.00 price target on Electronic Arts (NASDAQ: EA) following the company's 4Q earnings report. EA reported net revenues of $924M, well-above consensus of $889M and guidance of $875M, driven by strength in digital revenues, in particular extra content and... More
