A number of research firms have changed their ratings and price targets for Activision Blizzard (NASDAQ: ATVI):

  • 2/12/2018 – Activision Blizzard was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $75.74 price target on the stock.
  • 2/9/2018 – Activision Blizzard was given a new $70.00 price target on by analysts at Barclays PLC. They now have a “hold” rating on the stock.
  • 2/9/2018 – Activision Blizzard had its price target raised by analysts at Credit Suisse Group AG from $81.00 to $83.00. They now have an “outperform” rating on the stock.
  • 2/9/2018 – Activision Blizzard had its price target raised by analysts at Robert W. Baird from $75.00 to $80.00. They now have an “outperform” rating on the stock.
  • 2/9/2018 – Activision Blizzard was given a new $81.00 price target on by analysts at Wedbush. They now have a “buy” rating on the stock.
  • 2/9/2018 – Activision Blizzard had its “buy” rating reaffirmed by analysts at Jefferies Group LLC.
  • 2/9/2018 – Activision Blizzard was given a new $83.00 price target on by analysts at KeyCorp. They now have a “buy” rating on the stock.
  • 2/8/2018 – Activision Blizzard was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating.
  • 2/6/2018 – Activision Blizzard had its price target raised by analysts at Bank of America Corp from $76.00 to $77.00. They now have a “buy” rating on the stock.
  • 2/5/2018 – Activision Blizzard was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $75.74 price target on the stock.
  • 2/1/2018 – Activision Blizzard had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $77.00 price target on the stock.
  • 1/31/2018 – Activision Blizzard had its price target raised by analysts at Needham & Company LLC from $75.00 to $80.00. They now have a “buy” rating on the stock.
  • 1/30/2018 – Activision Blizzard was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $74.33 price target on the stock.
  • 1/29/2018 – Activision Blizzard was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $69.79 price target on the stock.
  • 1/26/2018 – Activision Blizzard had its “buy” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $81.00 price target on the stock.
  • 1/24/2018 – Activision Blizzard was given a new $77.00 price target on by analysts at SunTrust Banks, Inc.. They now have a “buy” rating on the stock.
  • 1/18/2018 – Activision Blizzard is now covered by analysts at Sanford C. Bernstein. They set a “market perform” rating and a $74.00 price target on the stock.
  • 1/16/2018 – Activision Blizzard was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 1/11/2018 – Activision Blizzard was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $69.64 price target on the stock.
  • 1/11/2018 – Activision Blizzard was given a new $75.00 price target on by analysts at Wedbush. They now have a “buy” rating on the stock.
  • 1/10/2018 – Activision Blizzard had its price target raised by analysts at Macquarie from $64.00 to $68.00. They now have an “outperform” rating on the stock.
  • 1/8/2018 – Activision Blizzard was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Activision shares have outperformed the industry it belongs to over the last 12-months. The company's popularity is primarily driven by its well-known franchises, which will continue to fuel top-line growth. Increasing digital revenues, King Digital buyout and strength in franchises are the key drivers. The company’s much awaited Call of Duty: WWII earned over $500 million in the first three days of its release. The company’s attempts to become a broad-based media company are prudent in our view. Apart from launching a movie studio and consumer products division, the company is also strengthening its presence in the lucrative e-sports market. Estimates have been going up ahead of the company’s Q4 earnings release. The company has positive record of earnings surprises in recent quarters. However, hit driven and competitive nature of the video game industry begets caution.”
  • 1/8/2018 – Activision Blizzard was given a new $80.00 price target on by analysts at KeyCorp. They now have a “buy” rating on the stock.
  • 1/2/2018 – Activision Blizzard was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $71.00 price target on the stock. According to Zacks, “Activision shares have outperformed the industry it belongs to over the last 12-months. The company is one of the leading names in the video game publishing arena. Its popularity is primarily driven by its well-known franchises, which will continue to fuel top-line growth.  Increasing digital revenues, King Digital buyout and strength in franchises are the key drivers. The company’s much awaited Call of Duty: WWII earned over $500 million in the first three days of its release. The company’s attempts to become a broad-based media company are prudent in our view. Apart from launching a movie studio and consumer products division, the company is also strengthening its presence in the lucrative e-sports market. However, hit driven and competitive nature of the video game industry begets caution.”
  • 12/28/2017 – Activision Blizzard was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $70.69 price target on the stock.
  • 12/27/2017 – Activision Blizzard was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 12/26/2017 – Activision Blizzard was upgraded by analysts at Vetr from a “hold” rating to a “strong-buy” rating. They now have a $71.71 price target on the stock.
  • 12/26/2017 – Activision Blizzard was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Activision is one of the leading names in the video game publishing arena. Its popularity is primarily driven by its well-known franchises, which will continue to fuel top-line growth.  Increasing digital revenues, King Digital buyout and strength in franchises are the key drivers. The company’s much awaited Call of Duty: WWII earned over $500 million in the first three days of its release. The company’s attempts to become a broad-based media company are prudent in our view. Apart from launching a movie studio and consumer products division, the company is also strengthening its presence in the lucrative e-sports market. Over the past one year, share prices have outperformed the broader industry. However, hit driven and competitive nature of the video game industry begets caution.”
  • 12/20/2017 – Activision Blizzard was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $63.18 price target on the stock.
  • 12/19/2017 – Activision Blizzard was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 12/18/2017 – Activision Blizzard is now covered by analysts at BTIG Research. They set a “buy” rating and a $80.00 price target on the stock.

Shares of Activision Blizzard, Inc. (NASDAQ ATVI) traded up $1.25 during midday trading on Monday, reaching $67.08. 18,582,000 shares of the company’s stock were exchanged, compared to its average volume of 6,688,177. The company has a quick ratio of 1.77, a current ratio of 1.78 and a debt-to-equity ratio of 0.46. Activision Blizzard, Inc. has a 1 year low of $44.47 and a 1 year high of $74.94. The company has a market capitalization of $51,710.00, a PE ratio of 191.66, a P/E/G ratio of 1.85 and a beta of 1.11.

Activision Blizzard (NASDAQ:ATVI) last issued its earnings results on Thursday, February 8th. The company reported $0.94 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.92 by $0.02. Activision Blizzard had a net margin of 3.89% and a return on equity of 17.48%. The firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.55 billion. During the same quarter last year, the company posted $0.65 earnings per share. Activision Blizzard’s revenue was up 7.7% on a year-over-year basis. research analysts anticipate that Activision Blizzard, Inc. will post 2.48 earnings per share for the current year.

In other Activision Blizzard news, CEO of King Digital Entertainment Riccardo Zacconi sold 19,761 shares of the firm’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $63.64, for a total value of $1,257,590.04. Following the transaction, the insider now owns 41,435 shares of the company’s stock, valued at $2,636,923.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.12% of the company’s stock.

Activision Blizzard, Inc is a developer and publisher of interactive entertainment content and services. The Company develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC) and mobile devices. Its segments include Activision Publishing, Inc (Activision), Blizzard Entertainment, Inc (Blizzard), King Digital Entertainment (King) and Other.

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