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Activision Blizzard (NASDAQ: ATVI) was the recipient of a ratings changes during the seven days:

  • Activision Blizzard had its price target raised by analysts at Ascendiant Capital Markets from $24.00 to $26.00. They now have a “buy” rating on the stock.
  • Activision Blizzard had its price target raised by analysts at Barclays from $24.00 to $27.00.
  • Activision Blizzard had its price target raised by analysts at BMO Capital Markets from $25.00 to $27.00.
  • Activision Blizzard had its price target raised by analysts at Piper Jaffray from $26.00 to $27.00.
  • Activision Blizzard had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a $26.00 price target on the stock, up previously from $25.00.
  • Activision Blizzard had its price target raised by analysts at Jefferies Group from $25.00 to $26.00.
  • Activision Blizzard had its price target raised by analysts at CRT Capital from $24.00 to $27.00. They now have a “buy” rating on the stock.
  • Activision Blizzard had its “outperform” rating reaffirmed by analysts at Pacific Crest. They now have a $27.00 price target on the stock, up previously from $21.00. They wrote, “Revenue and EPS were $658 million and $0.06 versus our estimates of $625 million and $0.03. The Activision segment missed, likely from weaker catalog and sales of Spider-Man and Transformers licensed titles than we expected. Blizzard posted upside from the Diablo 3 expansion, World of Warcraft (WoW), Hearthstone and catalog. WoW subscribers were 6.8 million, down from 7.6 million sequentially; however, online subscription revenue was relatively in line, suggesting that the user losses were mostly from China.”
  • Activision Blizzard had its price target raised by analysts at Brean Capital from $25.00 to $26.00.
  • Activision Blizzard had its price target raised by analysts at Benchmark Co. from $23.82 to $24.40.
  • Activision Blizzard was upgraded by analysts at Longbow Research from a “neutral” rating to a “buy” rating. They now have a $28.00 price target on the stock.

Shares of Activision Blizzard, Inc. (NASDAQ:ATVI) traded down 0.04% during mid-day trading on Tuesday, hitting $22.79. 3,118,786 shares of the company’s stock traded hands. Activision Blizzard, Inc. has a 52 week low of $16.02 and a 52 week high of $23.79. The stock’s 50-day moving average is $22.58 and its 200-day moving average is $20.6. The company has a market cap of $16.351 billion and a P/E ratio of 27.05.

Activision, Inc (NASDAQ:ATVI) is a worldwide publisher of online, personal computer (PC), console, handheld, and mobile interactive entertainment products.

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