Piper Jaffray Reiterates Overweight on ERTS and Neutral on ATVI, GME, TTWO

Piper Jaffray reiterated its Overweight rating on Electronic Arts (NASDAQ: ERTS). At the same time, the rating agency left its rating on Activision Blizzard (NASDAQ: ATVI), Take-Two Interactive (NASDAQ: TTWO) and GameStop (NYSE: GME) unchanged at Neutral.

On Thursday, TTWO lost 1.76% of its value to end the day at $14.49, while GameStop lost 1.65% of its value to close the day at $23.83. At the same time, ATVI lost 0.5% of its value on Thursday to finish the day at $11.84. Finally, ERTS lost 1.67% of its value on Thursday to end the day at $23.51. Its shares recovered most of yesterday's losses in today's pre-market trading, rising 1.57% to stand around $23.88.