Electronic Arts execution should lead to multiple expansion, says Brean Capital Brean Capital said industry checks show new consoles are selling better than expected and software attach rates have been higher than expected. As a result, the firm feels Electronic Arts and other video game developers are well positioned for upside to guidance in 2015. Brean Capital believes Electronic Arts will see multiple expansion if it continues to execute and keeps its Buy rating and $40 price target on the stock.
Electronic Arts upgraded to Buy from Hold at Benchmark Co. Benchmark Co. upgraded Electronic Arts to Buy with a $42.50 price target saying the company's upcoming Q2 results will likely beat expectations and drive share upside.