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.
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).