Deutsche Bank Maintains Buy Rating On Activision-Blizzard
According to Deutsche Bank, Activision-Blizzard (NASDAQ: ATVI) reports Jun Q results after the close this Wed.
Deutsche Bank said that it expects A|B to post in-line 2Q revs and slightly better than expected profits. “While the top-line will likely be aided by continued Black Ops sell-through and online/subscription revs, the bottom line could benefit from opex savings and lower sharecount (via buybacks).”
Activision-Blizzard closed yesterday at $11.85.
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Posted-In: Deutsche BankAnalyst Color Analyst Ratings