BMO Capital Initiates Coverage On Electronic Arts with Outperform Rating, Announces Price Target of $160
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has initiated coverage on Electronic Arts (EA) with an Outperform rating and set a price target of $160.
January 09, 2024 | 11:43 am
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Electronic Arts received an Outperform rating from BMO Capital with a price target of $160, indicating a positive outlook on the stock.
Analyst ratings, especially from reputable firms like BMO Capital, can influence investor sentiment and stock prices. An Outperform rating suggests that the analyst believes EA will perform better than the market or its sector, which could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100