Roth MKM lowered the firm’s price target on Electronic Arts to $135 from $140 and keeps a Neutral rating on the shares ahead of its results. The company should be able to maintain its early read FY25 EPS outlook for mid-to-high single digit growth, aided by cost cuts, but it remains to be seen if the low-single-digit bookings expectation is still achievable, the analyst tells investors in a research note.
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