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ATVI
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Oct 23 closing price
Price
$94.42
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-$0.00 (-0.00%)
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74.29B
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Sergey Savastiouk's Avatar
published in Blogs
May 28, 2019
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Activision Blizzard (ATVI, $43.72) scores big on Goldman Sachs rating

Activision Blizzard shares jumped around +3% Tuesday, on a rating upgrade by Goldman Sachs.

Goldman Sachs analysts raised their rating on the gaming company to buy from neutral. The investment bank also included the stock it to its Conviction Buy list.

Praising new content among Activision’s games including "Storm Rising" and Workshop mode for "Overwatch," "Rise of Shadows" and "The Dalaran Heist for Hearthstone", Goldman said that it sees an "inflection" in the game-maker's earnings path. The analysts also pointed at the upcoming releases of Activision’s  "Diablo Immortal" and "Call of Duty Mobile" games as potential tailwinds for the stock.

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General Information

a publisher of online, personal computer, console, handheld and mobile interactive entertainment products

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Recreational Products
Address
2701 Olympic Boulevard
Phone
+1 310 255-2000
Employees
13000
Web
https://www.activisionblizzard.com
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AVGO
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ZIM
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Soaring Success: Metabolic Industry Stocks($ATXS, $CBAY, $ARDX, $VKTX, $MDGL...) Surge in Last Month

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