Morgan Stanley raised the firm’s price target on Electronic Arts (EA) to $148 from $135 and keeps an Equal Weight rating on the shares as fiscal Q4 results beat expectations as FC rebounded after weak performance in Q3. With that overhang removed, the key catalyst becomes the release of Battlefield, which officially launches in FY26, according to the firm, which argues that success with non sports titles is “key” to earnings revisions and multiple expansion from here.
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