Electronic Arts price target raised to $44 from $37 at Sterne Agee Sterne Agee increased its price target on Electronic Arts as the firm thinks the company has peak earnings power this cycle of $2.50-$2.75 per share. The firm thinks the company could have a "particularly strong year" in 2015. It keeps a Buy rating on the shares.
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.