Baird raised the firm’s price target on Electronic Arts to $155 from $146 and keeps an Outperform rating on the shares. The firm said they reported solid F2Q results with improving trends for Apex, along with strong Madden performance, and most importantly, a successful launch of the re-branded FC title.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on EA:
- Electronic Arts (NASDAQ:EA) Says Don’t Fear a Recession. Investors Buy In.
- Electronic Arts up 5% at $129.83 after Q2 earnings beat
- Electronic Arts sees FY24 revenue $7.30B-$7.70B, consensus $7.57B
- Electronic Arts reports Q2 EPS $1.47, consensus $1.25
- Electronic Arts management to meet virtually with Benchmark