Activision Blizzard PT Raised to $23.00 (ATVI)
Cowen and Company lifted their target price on shares of Activision Blizzard (NASDAQ:ATVI) from $21.00 to $23.00 in a research note issued on Friday, American Banking News reports. Cowen and Company’s target price would indicate a potential upside of 20.80% from the company’s current price.
A number of other analysts have also recently weighed in on ATVI. Analysts at Zacks upgraded shares of Activision Blizzard from a “neutral” rating to an “outperform” rating in a research note on Tuesday. They now have a $21.60 price target on the stock. Separately, analysts at Sterne Agee raised their price target on shares of Activision Blizzard from $21.00 to $24.00 in a research note on Friday, April 4th. Finally, analysts at Barclays raised their price target on shares of Activision Blizzard from $22.00 to $24.00 in a research note on Friday, March 14th. They now have an “overweight” rating on the stock. Fourteen investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average target price of $22.70.
Activision Blizzard (NASDAQ:ATVI) traded down 1.75% on Friday, hitting $19.04. 5,339,801 shares of the company’s stock traded hands. Activision Blizzard has a 52-week low of $13.27 and a 52-week high of $21.50. The stock’s 50-day moving average is $20.18 and its 200-day moving average is $18.1. The company has a market cap of $13.564 billion and a price-to-earnings ratio of 20.40.
Activision, Inc (NASDAQ:ATVI) is a worldwide publisher of online, personal computer (PC), console, handheld, and mobile interactive entertainment products.
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