Electronic Arts downgraded to Neutral from Overweight at Piper Jaffray Piper Jaffray downgraded Electronic Arts citing weak holiday NPD sales and a lack of catalysts. The firm lowered its price target for shares to $14 from $18.
News For EA From The Last 14 Days
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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.