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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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.
"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.
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.