Activision Blizzard $ATVI Beats Earnings But Waddles on Mixed Guidance

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  • #10901
    Super Harley
    Participant

    [article]112[/article]

    #10902
    ThePitBoss
    Participant

    Just playing CODWW11 to wind down after the market ahead of NFP 🙂 These gaming companies are going great guns – thanks for the reviews Harley.

    #10937
    Super Harley
    Participant

    On Prey – check out great visuals and a real challenge IMP – hard to beat FPS when winding down

    #10938
    Super Harley
    Participant

    Jefferies analyst Timothy O’Shea increased his price target to 78 from 68, Activision a buy

    O’Shea compared Activision to Walt Disney $DIS

    “With its stable of core franchises and a multitude of future growth opportunities, Activision is building a Disney-type media business for the 21st Century, but with (much) higher operating margin”. “We see large opportunities around e-sports, ads, mobile games, full-game downloads, and consumer products. But for Q2, the big beat was driven by in-game spending, the biggest opportunity of them all.”

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