Jefferies analyst Sebastian Patulea initiated coverage of Embracer Group with a Hold rating and SEK 300 price target. The analyst says investors are now in a “waiting period” until the company’s capital markets day expected at the end of the year.
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 THQQF:
- What You Missed This Week in Video Games
- Nintendo’s latest ‘Zelda’ best-selling game in U.S. in May, says Circana
- Embracer Group price target lowered to SEK 25.50 from SEK 26.90 at Barclays
- Embracer restructuring to involve closing studios, reducing general overhead
- Embracer Group names Matthew Karch interim COO, Phil rogers interim CSO