JP Morgan Maintains Neutral on Electronic Arts, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst David Karnovsky maintains a Neutral rating on Electronic Arts (NASDAQ:EA) and lowers the price target from $155 to $150.
October 30, 2024 | 4:50 pm
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JP Morgan has maintained its Neutral rating on Electronic Arts but has lowered the price target from $155 to $150, indicating a slightly less optimistic outlook.
The lowering of the price target from $155 to $150 by JP Morgan suggests a slightly less optimistic view on EA's future performance. This could lead to a minor negative impact on EA's stock price in the short term as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100