BMO Captial analyst Edward Williams published a report on Electronic Arts EA that reiterated it's Outperform rating and price target of $20 after the announcement of a change in leadership at the end of March.
In the report BMO Capital said, "EA announced that John Riccitiello has resigned as CEO and as a member of
the board of directors, effective March 30. The board has appointed Larry Probst as executive chairman while it conducts a search for a permanent CEO. The company also stated that its revenues and EPS for the March
quarter will be at the low end, or slightly below, previously issued guidance."
Electronic Arts closed Monday at $18.71.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in