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According to Sterne Agee, Activision Blizzard
ATVI estimates are raised.
Sterne Agee said that ATVI handily beat 2Q consensus estimates and also raised full-year guidance. “We are raising our CY11/CY12 EPS estimates by $0.04/$0.03 to $0.79/$0.87, respectively. Reiterating Buy and $15 target.”
Activision Blizzard closed yesterday at $11.82.
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