Market Overview

After Hitting Support, Activision Blizzard Receives A 'Hold' Rating From Vetr

Share:
Related ATVI
Bernstein: Why Video Game Publishers Could Be 'The Perfect Media Companies'
Benzinga's Top Upgrades, Downgrades For January 18, 2018
Videogames close 2017 with 11% year-over-year sales gain (Seeking Alpha)

The Vetr crowd on Thursday downgraded its rating on Activision Blizzard, Inc (NASDAQ: ATVI) from the stock's previous rating of 3.5 stars (Buy), issued two days ago, to 3 stars (Hold). Crowd sentiment at the time of the downgrade was generally positive, with 63 percent of Vetr user ratings bullish.

After trading down to a month-low of $61.76 at the start of the week, Activision Blizzard has resumed an upward trend toward new highs. Prior to the dip, Activision Blizzard spent the majority of September slipping from an all-time high of $66.16 set at the start of the month's second week.

Activision Blizzard finished the Sept. 28 trading session up on the day at $63.54.

See how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd's average price target on Activision Blizzard is up at 64.25, which is well above the average analyst price target of $49. Less than 2 percent of Vetr users are holding ATVI in their watch-lists.

Latest Ratings for ATVI

DateFirmActionFromTo
Jan 2018BernsteinInitiates Coverage OnMarket Perform
Dec 2017BTIG ResearchInitiates Coverage OnBuy
Dec 2017Goldman SachsUpgradesNeutralBuy

View More Analyst Ratings for ATVI
View the Latest Analyst Ratings

Posted-In: VetrDowngrades Price Target Crowdsourcing Markets Analyst Ratings General

 

Related Articles (ATVI)

View Comments and Join the Discussion!