Activision Blizzard: Jefferies still a buyer
(CercleFinance.com) - On Friday an analyst at Jefferies confirms a "buy" recommendation for the Activision Blizzard stock, after a successful launch of Call of Duty Mobile.
"Our early checks on downloads, player checks and online ratings are suggestive of a successful initial launch of CoD Mobile. CoD mobile is the top free iOS app in 77 countries and early reviews look overwhelmingly positive, with CoD mobile achieving a 4.8 star rating on the app store and Spiketrap sentiment data indicating a score of 75 out of 100," the broker appreciates.
Jefferies confirms its target price of 65 dollars for the share.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
"Our early checks on downloads, player checks and online ratings are suggestive of a successful initial launch of CoD Mobile. CoD mobile is the top free iOS app in 77 countries and early reviews look overwhelmingly positive, with CoD mobile achieving a 4.8 star rating on the app store and Spiketrap sentiment data indicating a score of 75 out of 100," the broker appreciates.
Jefferies confirms its target price of 65 dollars for the share.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.