BofA raised the firm’s price target on Electronic Arts (EA) to $166 from $150 and keeps a Neutral rating on the shares following what the firm said was a “well-executed” quarter. Following the fiscal Q4 report, the firm’s target multiple remains unchanged and is applied to a higher FY26 EPS forecast of $7.97, notes the analyst, who sees balanced risk in a year of uncertain macro and pipeline success.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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>>
Read More on EA:
- Electronic Arts price target raised to $150 from $140 at DA Davidson
- HSBC upgrades Electronic Arts to Buy after ‘all around beat’
- Electronic Arts price target raised to $210 from $179 at Wedbush
- MoffettNathanson downgrades Electronic Arts, recommends ‘more cautious stance’
- Electronic Arts upgraded to Buy from Hold at HSBC