|February 3, 2014|
|08:12 EDT||ATVI||Activision Blizzard actions bode well for continued growth, says Brean Capital|
Brean Capital believes strong execution and a concentrated portfolio will bode well for the future growth of Activision Blizzard. As such they remain buyers of the shares. Shares are Buy rated with a $20 price target.
News For ATVI From The Last 14 Days
Check below for free stories on ATVI the last two weeks.
|September 15, 2014|
|10:35 EDT||ATVI||Activision Blizzard breaks uptrend, levels to watch|
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|September 12, 2014|
|07:19 EDT||ATVI||Consoles lead video game sales up 8% in August, Bloomberg reports|
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|05:36 EDT||ATVI||August NPD video game software sales fell 21%, says Piper Jaffray|
Piper Jaffray says August NPD video game software sales fell 21% year-over-year. The firm continues to expect growth beginning in late 2014 and recommends using any weakness in shares of GameStop (GME), Electronic Arts (EA), Activision Blizzard (ATVI) and Take-Two (TTWO) as a buying opportunity.
|September 10, 2014|
|11:41 EDT||ATVI||Activision view looks conservative after Destiny launch, says Piper Jaffray|
Piper Jaffray said the strong launch of Destiny gives the firm confidence in its estimates for the game and the company's results and that Activision Blizzard's fiscal year guidance is looking "increasingly conservative." The firm reiterates its Overweight rating and $27 price target on Activision, which is down about 1% to $23.47 near midday.
|11:38 EDT||ATVI||GameStop achieved high share of Destiny sales, says BofA/Merrill|
Activision (ATVI) announced that it sold more than $500M of Destiny on its first day, making it the biggest new video game franchise launch in history. BofA/Merrill believes GameStop (GME) had a very high share of Destiny sales and expects further clarity in the coming months. The analyst continues to believe GameStop is leveraged to momentum in the console cycle and believes competitive threats from full game downloads id overblown. Shares of GameStop are Buy rated with a $56 price target.
|10:14 EDT||ATVI||Activision early sales of Destiny above expectations, says RW Baird|
RW Baird said Activision Blizzard's initial Destiny wholesale shipments of over $500M exceeded expectations and the firm added that its checks suggest "very healthy" pre-orders to date for Call of Duty: Advanced Warfare. The firm believes there is upside potential for Activision in Q3 and Q4 and reiterate its Outperform rating on the stock.
|09:01 EDT||ATVI||Activision says sells over $500M of Destiny worldwide as of day one|
Activision Publishing, a wholly owned subsidiary of Activision Blizzard, announced that the company sold more than $500M of Destiny into retail stores and first parties worldwide as of day one, making the game the biggest new video game franchise launch in history.
|September 3, 2014|
|07:24 EDT||ATVI||Activision Blizzard best positioned for second half upside, say Brean Capital|
Brean Capital believes Activision Blizzard is best positioned for second half upside, citing strong industry fundamentals, revenue upside from new front-line releases, and the potential for margin expansion. Shares of Activision Blizzard are Buy rated with a $26 price target.