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Kaufman Bros. Raises Price Target On THQ Inc. (THQI)
Friday, April 16, 2010 - 1:40pmAnalyst Todd Mitchell at Kaufman Bros. has raised the price target on THQ Inc. (NASDAQ: THQI) from $8 to $10. The company is slated to release UFC Undisputed 2010 and a PC version of Darksiders in first-quarter of fiscal 2011. According to Kaufman Bros., the company continues to execute on its...
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Kaufman Bros. Raises Price Target For Electronic Arts Inc. (ERTS)
Friday, April 16, 2010 - 1:03pmAnalyst Todd Mitchell at Kaufman Bros. has raised the price target for Electronic Arts Inc. (NASDAQ: ERTS) from $19 to $23. According to NPD, retail sales for the overall video game industry were up by 6% to $1.52 billion in March. Software sales were up by 10% to $875 million, while hardware...
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Kaufman Bros. Raises Rentrak (RENT) Price Target To $24
Tuesday, March 16, 2010 - 8:20amKaufman Bros. analyst Todd Mitchell reiterated his Buy rating for shares of Rentrak Corporation (Nasdaq: RENT) and raised the price target from $20 to $24. Mitchell noted that Rentrak Corporation rose above its previous price target after announcing a deal with MTV Networks for TV Essentials. The...
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Cable, Satellite & Interactive Media Industry Update (TTWO, ATVI, ERTS, THQI)
Friday, March 12, 2010 - 10:37amAnalyst Todd Mitchell at Kaufman Bros. has an update on the Cable, Satellite & Media Industry, in a report released on Friday. According to the report, on Thursday night NPD reported that retail sales of video game software, hardware, and accessories were $1.26 billion in February, down 15%...
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SeaChange International (SEAC) Maintains Buy Rating
Friday, March 12, 2010 - 8:23amAnalyst Todd Mitchell at Kaufman Bros. has released an update on SeaChange International (NASDAQ: SEAC). The company reported its fourth-quarter results on Thursday. SeaChange reported a decline of 2% in revenue to $53 million in its fourth-quarter, which was about $1 million below expectations....
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ATVI Beats Q4 Expectations
Thursday, February 11, 2010 - 10:42amAnalyst Todd Mitchell of Kaufman Brothers maintains his "buy" rating on Activision Blizzard Inc (NASDAQ: ATVI). The target price for ATVI is set to $15. According to Kaufman Brothers, Activision Blizzard reported its Q4 results ahead of expectations despite a tough environment. “A billion dollars...
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THQ To Meet FQ3 Expectations
Tuesday, February 2, 2010 - 1:29pmAnalyst Todd Mitchell of Kaufman Brothers maintains his "buy" rating on THQ Inc (NASDAQ: THQI). The target price for THQI is set to $8. THQ is scheduled to report its FQ3 2010 results on February 3. “We think management dialed back expectations for the quarter far enough that a miss is unlikely,”...
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ERTS Warns Of Weak Video Game Sales
Thursday, December 10, 2009 - 2:00pmAnalyst Todd Mitchell of Kaufman Brothers maintains his "buy" rating on Electronic Arts (NASDAQ: ERTS)(FREE stock trend analysis), while reducing his estimates for the company. The target price for ERTS is set to $23. Electronic Arts has announced that its videogame software sales during November...
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