Stifel raised the firm’s price target on Electronic Arts to $155 from $152 and keeps a Buy rating on the shares ahead of the company’s fiscal Q3 report scheduled on January 30. The firm is forecasting a “flattish” Q3 and is not anticipating any material changes to FY24 guidance with this update, the analyst tells investors in a preview note. The firm is keeping its FY24-25 estimates largely unchanged, the analyst added.
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