Roth Capital upgraded Electronic Arts (EA) to Buy from Neutral with a price target of $185, up from $175. The firm cites increased confidence in Electronic Arts’ ability to execute and deliver double-digit earnings growth over the next three years for the upgrade. Sports remains a “blue-chip cornerstone” for the company’s growth story, but a successful release of a new Battlefield game “could materially change investor sentiment,” the analyst tells investors in a research note. Roth believes EA is at an “important inflection point,” setting it up well for an “elevated, multi-year growth trajectory.” It expects solid carryover and the company’s new initiatives will fuel another strong growth year in fiscal 2027.
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