Wells Fargo bullish on Activision franchise strength [Seeking Alpha]
Activision Blizzard, Inc (ATVI)
Last activision blizzard, inc earnings: 2/6 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.activision.com/investor-relations
Company Research
Source: Seeking Alpha
TechWells Fargo bullish on Activision franchise strengthApr. 6, 2020 7:01 PM ET|Activision Blizzard, Inc. (ATVI)Jason AycockWells Fargo has initiated coverage of Activision Blizzard (NASDAQ:"We think ATVI’s four strategic growth pillars and wholly owned IP are the right recipe for relatively low-risk growth in a frequently unpredictable, hit-driven video game market," the firm says.Franchises like Call of Duty and Candy Crush have stood the test of time, it says, "reducing new concept failure risk and unproductive R&D spend when keeping existing audiences engaged via live services and an improved cadence of content releases."The company also has about $7B in resources for acquisitions, it adds.The firm estimates 2020 EPS at $2.56 (vs. consensus for $2.48) and 2021 EPS at $2.67 (vs. consensus for $2.82).Its price target of $75 implies 22% upside.Click to subscribe to real-time analytics on ATVINow read:Dividend Increases: March 28-April 3, 2020 »
Show less
Read more
Impact Snapshot
Event Time:
ATVI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ATVI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ATVI alerts
High impacting Activision Blizzard, Inc news events
Weekly update
A roundup of the hottest topics