Crypto Whales Are Loading Up — Are You?
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The Vetr community is bearish on Activision Blizzard, Inc. (NASDAQ:ATVI) despite the company’s shares trading up over 16 percent over the past three months entering Wednesday’s open. That said, the Vetr community has downgraded Activision Blizzard from 4.5 stars to 4 stars. The company’s first quarter earnings report showed sufficient beats on EPS and revenue estimates, and Thursday Activision Blizzard announced a September rollout date for their newest product, Destiny 2.
See how crowdsourced ratings can help predict the market?
Vetr members have given Activision Blizzard a buy rating and a $64.63 price target. This price target is higher than the $49.40 price target from Wall Street analysts. The company opened Wednesday around $57.
Of all Vetr raters, over 73 percent believe traders and investors should sell Activision Blizzard stock.
For Vetr’s full analysis of Activision Blizzard, go here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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