Electronic Arts price target raised to $145 from $140 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Electronic Arts to $145 from $140 and keeps a Neutral rating on the shares. The company produced in-line results for fiscal Q4 with net bookings above the mid-point of its guided range and operating margin outperformance as key sports franchises continued to demonstrate strong results, the analyst tells investors in a research note.