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Electronic Arts price target raised to $150 from $138 at Truist

Truist analyst Matthew Thornton raised the firm’s price target on Electronic Arts to $150 from $138 and keeps a Buy rating on the shares. The analyst expects the company’s fiscal Q1 to come in slightly ahead of consensus estimates with a reiteration of the fiscal year guide. The firm upped the price target on a roll-forward to fiscal 2025 estimates from 2024.

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