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Activision Blizzard downgraded to Market Perform at Raymond James

Raymond James analyst Andrew Marok downgraded Activision Blizzard (ATVI) to Market Perform from Outperform as the firm argues that today’s developments in the U.S. and U.K. reviews of the company’s deal with Microsoft (MSFT) “now point strongly” toward a near-term completion of the deal at the $95 per share headline price.

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