Overwatch

Bank of America Merrill Lynch raised its estimates on Activision Blizzard, Inc. (NASDAQ: ATVI) for "Overwatch" in its report released Monday. The analysts lifted their price target to $44 based on 20x their higher CY17 EPS. The multiple used is "in line with Electronic Arts Inc. (NASDAQ: EA)...

Cowen said Activision Blizzard, Inc. (NASDAQ: ATVI) remains its favorite idea, as the firm still expects the video game maker to finish the year north of $2 in EPS, even including FX impact. "We are raising our PF FY16 estimate (which treats King [Digital] as if it had been acquired on January 1,...

Following the early success of "Overwatch," after its May 24 launch, Pacific Crest’s Evan Wilson believes the consensus EPS expectations for Activision Blizzard, Inc. (NASDAQ: ATVI) for Q2 are conservative. Wilson maintains an Overweight rating on the company, with a price target of $43....

Gerrick Johnson of BMO Capital Markets recently met with Activision Blizzard, Inc. (NASDAQ: ATVI)'s management team at the E3 video game exposition and detailed his discussions in a research note on Thursday. Johnson stated that the highlight of Activation's E3 presence was not from the show floor...

Pacific Crest still recommends Activision Blizzard, Inc. (NASDAQ: ATVI) as its top pick in the sector with the ongoing success of "Overwatch" and its position going forward. The brokerage still expects Activision to post upside to the consensus in the second quarter. Activision has been...

Evan Wilson of Pacific Crest attended GameStop Corp. (NYSE: GME) exposition on Wednesday in which he observed "plenty of buzz and excitement" around the upcoming video game release slate. Wilson said that the exposition reinforced his prior thesis that 2015 will be the year when...