Stifel lowered the firm’s price target on Electronic Arts (EA) to $133 from $159 and keeps a Hold rating on the shares after the company pre-announced fiscal Q3 results reflecting disappointing launches for “EA Sports FC 25” and “Dragon Age: The Veilguard” as well as reduced FY25 guidance. The firm now forecasts non-GAAP EPS of $6.21 and $7.36 for FY25 and FY26, respectively, versus $7.62 and $8.39, previously.
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