Oppenheimer downgraded Electronic Arts (EA) to Perform from Outperform after the company agreed to be taken private at $210 per share by a consortium of Silver Lake, Affinity Partners and Saudi Arabia’s Public Investment Fund.
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Read More on EA:
- Electronic Arts price target raised to $210 from $166 at BMO Capital
- Cautious Outlook on Electronic Arts Amidst $55 Billion Leveraged Buyout and Intellectual Property Concerns
- Electronic Arts price target raised to $210 from $167 at UBS
- Hold Rating on EA Amid Strategic Acquisition by PIF, Silver Lake, and Affinity Partners
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