Truist Securities Maintains Buy on Electronic Arts, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Matthew Thornton has maintained a 'Buy' rating on Electronic Arts (NASDAQ:EA) but lowered the price target from $150 to $140.

August 16, 2023 | 11:35 am
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Electronic Arts' price target has been lowered from $150 to $140 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100