Deutsche Bank Maintains Hold on Electronic Arts, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Benjamin Soff maintains a Hold rating on Electronic Arts (EA) and lowers the price target from $153 to $150.
May 09, 2024 | 3:49 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Hold rating on Electronic Arts, with a reduced price target from $153 to $150.
The adjustment in price target by a major bank reflects a nuanced view on EA's stock value, potentially influencing investor sentiment. However, the maintenance of a Hold rating suggests no significant change in the company's outlook, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90