Morgan Stanley lowered the firm’s price target on Electronic Arts (EA) to $135 from $150 and keeps an Equal Weight rating on the shares. The firm is lowering estimates “across the board” for its North American internet stock coverage as it details macro and tariff impacts to e-commerce and digital ads.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EA:
- AI Video Is Rewriting Hollywood and Wall Street Is Paying Attention
- OpenAI’s Sora Reveals Seismic Shift for Investors and Entertainment Stocks
- Game On: Sony hikes PS5 prices in select markets
- Lowe’s to appear in several Electronic Arts sports titles
- Electronic Arts put volume heavy and directionally bearish
