Activision Blizzard drivers remain on track, says Cowen at Cowen Cowen said channel checks indicate Activision Blizzard's "World of Warcraft" and "Call of Duty" remain on pace to support their above consensus estimates. The firm also cites additional multi-year growth drivers including its Bungie franchise and the potential for the next new console cycle. Shares are Outperform rated.
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Activision Blizzard has a lot riding on second half of 2014, say Brean Capital Brean Capital does not expect much from Activision Blizzard's Q1 results but is getting more comfortable due to a couple of factors and sees a lot riding on the second half of the year. The firm cited two titles showing strong March sales, one of its titles being the number one downloaded iTunes application, and pent up demand for net-gen releases. Shares are Buy rated and price target increased to $23 from $22.