EA: Jefferies still on hold, but raises target price

(CercleFinance.com) - On Monday a Jefferies analyst announced that he is raising his target price for the EA (Electronic Arts) stock from 115 dollars to 140 dollars.


"We are warming up to EA given it's proven cadence of consistent annual EPS growth and improving non-sports pipeline (Star Wars: Squadrons, Battlefield, etc.), the broker said.

Nevertheless, Jefferies remains neutral about the share, in the absence of short-term catalysts.


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