Led By ‘Star Wars’ Game, Electronic Arts Slate Earns Positive Marks

▤ Summary

Wall Street analysts on Friday gave Electronic Arts (EA) upbeat reviews for its upcoming slate of new video games. The Redwood City, Calif.-based game publisher held an online media event late Thursday to show off its latest titles. EA usually holds an in-person gathering ahead of the E3 video game conference in Los Angeles, but organizers canceled this years show because of the coronavirus pandemic. " Piper Sandler analyst Yung Kim reiterated his overweight rating on EA stock and raised his price target to 133 from 126. " Baird analyst Colin Sebastian said "Squadrons" should be a "solid incremental contributor to second-half (2020) growth given a lighter planned release slate.

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