Bank Of America Comments On Activision Analyst Day

According to Bank of America, Activision

will host an investor analyst day ahead of its first ever Call of Duty XP fan event. Bank of America said that it expects the day to focus on Call of Duty MW3, while also highlighting the upcoming Skylanders title, the product pipeline (led by Blizzard titles), long-term margin outlook, and new subscription revenue stream opportunities (Call of Duty Elite). “We do not expect a 2011 guidance update unless the Diablo 3 release moves up.” Activision closed yesterday at $11.61.