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Activision Blizzard (ATVI) PT Raised to $65 at Argus; Reiterates Buy

May 22, 2017 8:56 AM EDT

Argus raised its price target on Activision Blizzard (NASDAQ: ATVI) to $65.00 (from $53.00) while maintaining a Buy rating. Argus also raised 2017 non-GAAP EPS estimates to $2.04 from $2.00 and 2018 forecasts to $2.22 from $2.15.

The February 2016 acquisition of King Digital Entertainment catapulted Activision into mobile casual gaming, the... More