HSBC upgraded Electronic Arts (EA) to Buy from Hold with a price target of $190, up from $126. MoffettNathanson this morning downgraded the shares to Neutral. The company reported an “all around beat” in fiscal Q4, boosted by strong game sales, the analyst tells investors in a research note. The firm believes the video game publishing sector “should prove relatively resilient to near-term trade headwinds. HSBC has turned positive on the outlook for EA FC25 following the Q4 recovery in monetization and engagement trends. It sees scope for further outperformance for Electronic Arts shares with the slated fiscal 2026 release of the next Battlefield franchise title and with FIFA hosting the Football World Cup next year.
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Read More on EA:
- Electronic Arts price target raised to $210 from $179 at Wedbush
- MoffettNathanson downgrades Electronic Arts, recommends ‘more cautious stance’
- Electronic Arts upgraded to Buy from Hold at HSBC
- Positive Outlook for Electronic Arts: Strong Q4 Performance and Promising Future Prospects Justify Buy Rating
- Electronic Arts downgraded to Neutral from Buy at MoffettNathanson