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Activision Blizzard: Jefferies still a buyer

(CercleFinance.com) - On Wednesday an analyst at Jefferies confirms his "buy" rating on the Activision Blizzard share.

"Following a gradual decline from early peaks, CoD Mobile is back in the top 5 grossing apps (US only) with the launch of "Zombies" on 11/24. It is a top 5 grossing app in 45 other countries as well. Reviews remain strong and Spiketrap sentiment data has remained largely positive as well," the broker says.

Jefferies therefore confirms a target price of 65 dollars for the share.

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