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Analyzing the previous five years of data, EA stock tends to have positive one-day returns following earnings announcements, occurring in 55% of cases.
Detailed price information for Electronic Arts Inc (EA-Q) from The Globe and Mail including charting and trades.
Roth raised the price target on EA to $185 from $175, implying an upside of nearly 20%. Stock is up 5.5% so far this year, while the S&P 500 is up 2.4%. EA is up 1.4% before midday.
Handler, who raised PT on EA to $185 from $175, thinks a successful launch of the Battlefield game would be a major near-term catalyst to its stock.
Electronic Arts (EA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.