EA Ranks Down, Vetr Crowd Says Hold

On Monday, the Vetr Crowd downgraded their rating for Electronic Arts Inc EA from its previous rating of 3.5 stars (Buy), issued 10 days ago, to 3 stars (Hold). The crowd’s sentiment is holding steady with 75 percent of the crowd’s ratings bullish.

The downgrade comes after a middling month for the video game publisher, down 8.65 percent from October’s 2016 high of $85.56 to just over $78 on Monday.

Analyst downgraded the stock in late October after shares plateaued. Bank of America lowered its rating from Buy to Neutral, and Cowen lowered its rating from Outperform to Market Perform.

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The Vetr crowd’s average target price is up slightly to $81.97, still below the average analyst target price of $90.02 Less than 2 percent of Vetr users are holding EA in their watch lists.