Jefferies Downgrades Activision Blizzard to Hold, Announces $95 Price Target
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Andrew Uerkwitz has downgraded Activision Blizzard (NASDAQ:ATVI) from Buy to Hold and set a price target of $95.
July 20, 2023 | 9:29 am
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Activision Blizzard has been downgraded from Buy to Hold by Jefferies, with a price target of $95.
The downgrade from Buy to Hold by Jefferies indicates a less optimistic outlook for Activision Blizzard, which could potentially lead to a decrease in the stock price. The price target of $95 provides a benchmark for investors, but the downgrade may overshadow this in the short term.
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IMPORTANCE 80
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