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Electronic Arts May Have Lost Its Creative Way, Jefferies Says In Downgrade
Thursday, January 17, 2019 - 5:14pm | 391Monetization ceilings and creative challenges were cited by a Jefferies analyst in a Thursday downgrade of Electronic Arts Inc. (NASDAQ: EA). The Analyst Analyst Timothy O’Shea downgraded Electronic Arts from Buy to Hold and lowered the price target from $139 to $95. The Thesis Jefferies...
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Electronic Arts' Q2: The Sell-Side's Take
Wednesday, October 31, 2018 - 2:43pm | 636Video game maker Electronic Arts, Inc. (NASDAQ: EA) reported second-quarter earnings Tuesday that largely exceeded projections. The Analysts MKM Partners analyst Eric Handler maintained a Buy rating on EA and lowered the price target from $157 to $135. Atlantic Equities analyst Kunaal Malde...
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3 Reasons To Love Apple Right Now: iPhone, Services, Wearables
Monday, October 29, 2018 - 12:23pm | 395The key to Apple Inc. (NASDAQ: AAPL)'s growth is the company leveraging its "stable" iPhone business to generate new revenue within the higher margin Services business, according to Jefferies. The Analyst Jefferies' Timothy O'Shea initiated coverage of Apple's stock with a...
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Game On: Zynga Reportedly Emerges As M&A Target
Wednesday, October 10, 2018 - 12:40pm | 417Zynga, Inc. (NYSE: ZNGA) shares spiked Tuesday after a report that the company is a potential takeover target. The Analyst: Jefferies analyst Timothy O’Shea maintained a Buy on Zynga with a $5.25 price target. The Thesis: Zynga has become a takeover target after drawing...
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Jefferies: Record-Setting 'World Of Warcraft' Day Could Drive 12% Upside To Activision Blizzard EPS
Friday, August 24, 2018 - 9:38am | 410The latest "World of Warcraft" release sold more than 3 million units in one day, which could translate to 10-12-percent EPS upside in the third quarter for Activision Blizzard, Inc. (NASDAQ: ATVI), the maker of the game, according to Jefferies. The Analyst Jefferies' Timothy O'...
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Activision Blizzard In A Battle Royale Of Its Own Against 'Fortnite'
Sunday, May 6, 2018 - 2:41pm | 723Activision Blizzard, Inc. (NASDAQ: ATVI) closed the week up 4.52 percent after reporting a first-quarter earnings beat Thursday. Even without any major releases, Activision had a strong quarter that saw 24-percent year-over-year EPS growth. The video game manufacturer's earnings did not go as...
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Electronic Arts Looks To Fulfill Its Destiny With 'Star Wars: Battlefront II'
Wednesday, November 1, 2017 - 1:08pm | 489The upcoming launch of "Star Wars: Battlefront II" on Nov. 17 is emerging as the biggest event for Electronic Arts Inc. (NASDAQ: EA) for the upcoming year. Coming off a second quarter that saw sales down 19 percent year over year, EA is banking on the strength of its "Star Wars" franchise to...
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What The 'Red Dead Redemption 2' Delay Means For Take-Two Investors
Tuesday, May 23, 2017 - 4:06pm | 781“A delayed game is eventually good, but a rushed game is forever bad,” Shigeru Miyamoto, co-representative director of Nintendo Co., Ltd (ADR) (OTC: NTDOY) once said when he delayed the launch of the Nintendo 64. It may be disappointing, but the "Red Dead Redemption 2" delay is nothing...
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4 Ways AOL Rewards Shareholders This Year (Or Doesn't)
Thursday, February 12, 2015 - 10:53am | 244On Wednesday, Jefferies issued a company note on AOL, Inc. (NYSE: AOL) after the company posted fourth quarter revenue of $710 million, which fell short of analyst estimates of $721 million, and earnings per share of $0.92 which beat estimates of $0.72. Currently Jefferies rates AOL as a Buy...