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MKM Downgrades Take-Two On Valuation
Friday, January 24, 2020 - 3:36pm | 300It's not completely clear what might be coming this year and when from game makers Take-Two Interactive Software, Inc (NASDAQ: TTWO), MKM Partners said in a Friday note. The Analyst MKM's Eric Handler downgraded Take-Two from Buy to Neutral and lowered the target price from $142 to $133....
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How Video Game Developers Are Taking On 'Fortnite' — And Why KeyBanc Remains Bullish
Monday, March 26, 2018 - 10:49am | 554Analysts left last week’s Game Developers Conference in San Francisco more confidently bullish on video game studios. The Ratings KeyBanc Capital Markets analysts maintained a Sector Weight rating on Zynga Inc (NASDAQ: ZNGA) and Overweight ratings on: Activision Blizzard, Inc. (...
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Mobile Monetization Makes Its Mark In Activision's Q3 Beat
Friday, November 3, 2017 - 11:38am | 486Digital and mobile monetization played a big role in Activision Blizzard, Inc. (NASDAQ: ATVI)'s third quarter earnings beat, Baird Equity Research's Colin Sebastian said in a research report. The video game company reported a 17 percent year-over-year increase in its third quarter revenue...
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Game Names Looking Attractive; Goldman Likes EA And Take-Two Interactive
Friday, September 8, 2017 - 3:35pm | 523Analysts at Goldman Sachs began coverage of the video game sector with an Attractive view, saying publishers are "in the midst of a renaissance." Video game publishers are in the process of shifting themselves to become a more predictable, higher margin and cash-generative story, Goldman Sachs'...
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Barclays: Expect Video Game Publishers To Emulate Pokémon GO's 'More Engaging Experience'
Monday, July 18, 2016 - 8:21am | 318For anyone that hasn't been living under a rock the past week, Nintendo Co., Ltd (ADR) (OTC: NTDOY)'s latest mobile game, Pokémon GO, is a smashing success. While Nintendo's stock has more than doubled since bottoming at $15.34, the outlook on traditional video game publishers is now being called...
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Activision Moving Higher On Facebook Partnership Rumor
Wednesday, March 30, 2016 - 1:18pm | 192Activision Blizzard, Inc. (NASDAQ: ATVI), which is best known for developing and publishing the "Call of Duty" series, among many other hit franchises, saw its stock trade higher by more than 3 percent on no new news releases. Market participants were buying Activision Blizzard's stock following...
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Electronic Arts Announces Public Offering, Proceeds Will Partially Be Used To Buyback Stock
Wednesday, February 17, 2016 - 2:54pm | 151Electronic Arts Inc. (NASDAQ: EA) announced on Wednesday that it intends to offer senior notes in a public offering. Electronic Arts noted that it plans on using the net proceeds from the offering for general corporate purposes, including the payment of amounts due upon conversion, maturity or...
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Keep An Eye On Video Gamers Following Activision Blizzard's Disappointing Guidance
Friday, February 12, 2016 - 10:14am | 226Activision Blizzard, Inc. (NASDAQ: ATVI)'s stock was trading lower by more than 5 percent early Friday morning after the company reported a top and bottom line miss in its fourth quarter print. Activision Blizzard also issued disappointing guidance. See Also: Activision Blizzard Posts Top...