Piper Jaffray Maintains Overweight Rating On Electronic Arts

According to Piper Jaffray, Electronic Arts ERTS Overweight rating is unchanged. Piper Jaffray said that it is assuming coverage of ERTS with an unchanged OW rating and $26 price target. “We remain confident on ERTS shares based on visibility on a solid FY12 release slate and improving digital strategy.” Electronic Arts closed on Friday at $24.19.
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Posted In: Analyst ColorAnalyst RatingsElectronic Arts Inc.Home Entertainment SoftwareInformation TechnologyPiper Jaffray
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