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Low 'Star Wars' Sales Drive Electronic Arts Downgrade, Says Morgan Stanley
Friday, January 12, 2018 - 10:23am | 393Expectations for Electronic Arts Inc. (NASDAQ: EA)'s latest "Star Wars" game were high, and recent disappointing third party data prompted one Wall Street analyst to part ways with his bullish stance on the stock. The Analyst Morgan Stanley's Brian Nowak downgraded EA from...
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EA Removes Microtransactions From 'Star Wars Battlefront II' Following User Backlash
Friday, November 17, 2017 - 11:17am | 337Electronic Arts Inc. (NASDAQ: EA)'s launch of its "Star Wars Battlefront II" is off to a rocky start. As part of the game, users could spend real money to buy items that are needed to improve their character or spend dozens of hours to unlock the features for free. This is causing...
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The Force Is Weak With Electronic Arts As 'Star Wars' Game Delayed
Wednesday, October 18, 2017 - 4:26pm | 568The good news: there’s a new vision for Electronic Arts Inc. (NASDAQ: EA)’s untitled “Star Wars” game, and it’s better than the last. The bad news: there’s a delay in play. EA announced Wednesday that its Visceral studios, which had been working in tandem with...
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Electronic Arts Destroys Activision On YouTube
Monday, May 16, 2016 - 11:38am | 400Electronic Arts (NASDAQ: EA) skyrocketed 17 percent over the last three days after reporting FY15Q1 EPS at $0.50 vs. estimates of $0.42, in addition to positive guidance last Tuesday. Afterward, Electronic Arts humiliated one of its main competitors on YouTube. Over the last five years, one of...
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Wall Street Asked EA Why There's No 'Episode 7' Game And The Answer Was Surprising
Friday, January 29, 2016 - 9:42am | 317Shares of Electronic Arts Inc. (NASDAQ: EA) were trading lower by nearly 7 percent early Friday morning following its third quarter results. Following Electronic Arts' earnings release, management hosted a conference call with analysts to further discuss its performance and outlook. The...
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GameStop Estimates Cut To $45.00 By SunTrust; 'Battlefront' May Deliver Holiday Pressure
Thursday, December 10, 2015 - 2:52pm | 362GameStop Corp. (NYSE: GME) had its price target dropped by analysts at SunTrust from $50.00 to $45.00 on Thursday. SunTrust wrote in a research note issued to investors that the firm currently has a Buy rating on the stock. SunTrust's price target is an indicator of a potential upside of 38.72...
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'Star Wars Battlefront' Reviews May Be Weak, But This Expert Thinks EA Stock Is Still A Buy
Wednesday, November 18, 2015 - 9:45am | 280Shares of Electronic Arts Inc (NASDAQ: EA) have been treading an upward path in 2015 and are up 45 percent year-to-date. Macquarie’s Ben Schachter maintained an Outperform rating on the company, with a price target of $83. The company’s new game is expected to be a mass market...
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Gamers Gear Up As EA's 'Star Wars Battlefront' Release Approaches
Friday, November 13, 2015 - 3:11pm | 368Electronic Arts Inc. (NASDAQ: EA) will be releasing its much-anticipated game, "Star Wars Battlefront," next week. Nerds, fans and investors are on the edge of their seats ahead of the November 17 launch, as hype continues to build. Ahead of the release, Benzinga spoke with Liam Callahan, industry...
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Sky-High 'Star Wars Battlefront' Expectations Mean Good News For This Stock
Wednesday, October 14, 2015 - 2:32pm | 334Shares of Electronic Arts Inc. (NASDAQ: EA) have gained more than 50 percent year-to-date and more than 115 percent from a year ago. Eric Handler of MKM Partners sees further upside in EA's stock as he upgraded the name to Buy with an $82 price target. Handler cited a better than expected debut...
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Evan Wilson Offers Video Game Update, Offers Takeaways From GameStop Expo
Thursday, September 3, 2015 - 10:50am | 395Evan 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...
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Star Wars Battlefront Sales Outlook 'Increasing' On YouTube Data
Wednesday, July 15, 2015 - 5:59pm | 347In a report issued Wednesday, Piper Jaffray analysts Michael J. Olson and Yung Kim reiterated an Overweight rating on shares of Electronic Arts Inc. (NASDAQ: EA), while boosting their price target from $72.00 to $79.00. The target price surge was motivated by the firm’s increasing...
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MKM Analyst Likes Activision, Take-Two & EA After E3
Monday, June 22, 2015 - 2:57pm | 577In a report published Monday, MKM Partners’ Managing Director Eric Handler provides a few takeaways from the E3 (Electronic Entertainment Expo), from which he left feeling incrementally optimistic regarding video games publishers. In parallel with the “continued maturation of the...
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Is The Force With Electronic Arts?
Monday, May 4, 2015 - 3:04pm | 332In a report published this morning, Credit Suisse Analyst analyst Stephen Ju stressed that the main highlight of the upcoming Q4 earnings results for Electronic Arts Inc. (NASDAQ: EA) were not a top or bottom line figure necessarily. Instead, Ju prioritized his focus on the 2016 guidance that...
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Jefferies Raises Electronic Arts Price Target, 'Star Wars' Key Title For Fiscal 2016
Wednesday, January 28, 2015 - 11:44am | 189Brian Pitz of Jefferies on Wednesday commented that Electronic Arts Inc. (NYSE: EA) reported “solid” fourth quarter results on Tuesday, but remains cautious on the March release of "Battlefield Hardline." Electronic Arts management sounded bullish on March's release of...
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Brean Capital: Electronic Arts Well Positioned For 2015, But Stock Could 'Pause' In Near Term
Monday, January 5, 2015 - 9:56am | 241Todd Mitchell of Brean Capital reiterated a Buy rating on Electronic Arts Inc. (NYSE: EA) on Monday with a price target raised to $54 from a previous $43 due to a favorable outlook for the industry. “Underlying fundamentals for the video game industry turned positive in 2014 for the first...