Activision Blizzard shares should move higher into fall, says Piper Jaffray Piper Jaffray expects shares of Activision Blizzard to move higher into the September launch of Destiny, a first person shooter from Bungie. Piper says Destiny could be one of the biggest franchises of the next gen console cycle. It raised its price target for Activision shares to $26 from $24 and reiterates an Overweight rating on the stock.
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).