Activision Blizzard price target raised to $24 from $21 at Sterne Agee Sterne Agee increased its price target on Activision Blizzard as the firm thinks the company's 2014 EPS could beat expectations by a large amount. The firm keeps a Buy rating on the stock.
December NPD video game software sales dropped 2%, says Piper Jaffray Piper Jaffray notes December NPD video game software sales fell 2% year-over-year, with the full quarter down 6% and 2014 down 13%. Piper attributes the declines to legacy weakness and a portion of sales shifting to full-game downloads. The firm expects software growth in 2015 and maintains Overweight ratings on Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO).