Barclays Downgrades Activision Blizzard to Equal-Weight, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Gee has downgraded Activision Blizzard (NASDAQ:ATVI) from Overweight to Equal-Weight and lowered the price target from $100 to $95.
July 13, 2023 | 12:52 pm
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Activision Blizzard has been downgraded by Barclays from Overweight to Equal-Weight, with a reduced price target of $95.
The downgrade from Barclays could potentially lead to a decrease in Activision Blizzard's stock price in the short term. The lowered price target also indicates a less optimistic outlook for the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100