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.
April NPD video game software sales rose 13%, says Piper Jaffray Piper Jaffray notes April NPD video game software sales increased 13% year-over-year with next-generation software revenue up 200% versus the prior year. Piper keeps Overweight ratings on Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO).