Benzinga Breakfast Notes: Brean Capital increasing PT on Activision Blizzard Inc., from $25 to $26 per share.

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Highlights from Brean Capital's Notes: 4 Key Points

 

  1. Our most important takeaway after playing Overwatch is that it is one of the most approachable games Blizzard has developed to date...

  2. We also believe there is a strong possibility that Overwatch eventually ends up on consoles, as the FPS gameplay would translate fairly easily to these platforms.

  3. ...we believe there is now visibility for Blizzard to expand its audience-base and return to growth after four years of negative growth...

  4. Given our favorable outlook for the group in general, and Activision in particular, we reiterate our Buy rating.

 

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