Stifel upgraded Ubisoft to Buy from Hold with a price target of EUR 28, up from EUR 26. The analyst sees increasing visibility around Ubisoft’s fiscal 2025 video game pipeline that features “arguably two of the most anticipated titles” of this year. Star Wars Outlows and the next Assassin’s Creed games will be launched when the release schedule looks weak elsewhere in the industry, allowing Ubisoft to potentially outperform, the analyst tells investors in a research note.
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>>
Read More on UBSFY:
- What You Missed This Week in Video Games
- Ubisoft price target lowered to EUR 21.35 from EUR 23.45 at Barclays
- Ubisoft price target lowered to EUR 35 from EUR 38 at Deutsche Bank
- U.K. games market rose 4.4% year-over-year in 2023, GI.biz reports
- Ubisoft announces new 2D game ‘The Rogue Prince of Persia’