Piper Jaffray Reports On Gaming Industry In Light Of NPD

Piper Jaffray has released a report focusing on the state of the video game industry and NPD video game software data to be released next Thurday, April 14th. The firm remains Neutral on the sector overall for game publishers and retailers and highlight five stocks in the report.

Piper Jaffray rates Electronic Arts (NASDAQ: ERTS) as Overweight with a PT at $19.50, Activision Blizzard (NASDAQ: ATVI) as Neutral and a PT of $13, Take-Two (NASDAQ: TTWO) as Neutral and a PT of $16, THQ (NASDAQ: THQI) as Neutral with a PT of $7 and GameStop (NYSE: GME) as Underweight and a PT set at $17.

ERTS closed yesterday at $20.25, ATVI at $11.08, TTWO at $15.66, THQI at $4.71 and GME at $24.03, respectively.