Stifel analyst Drew Crum raised the firm’s price target on Electronic Arts to $141 from $137 and keeps a Buy rating on the shares ahead of the company’s fiscal Q4 report due on May 9. The firm is forecasting "another down period," which would "cap a disappointing" FY23 for EA, but assumes improving fundamentals and growth for FY24, the analyst tells investors.
Published first on TheFly
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