Piper Jaffray Reiterates Overweight on ERTS and Neutral on ATVI, GME, TTWO

Piper Jaffray reiterated its Overweight rating on Electronic Arts ERTS. At the same time, the rating agency left its rating on Activision Blizzard ATVI, Take-Two Interactive TTWO and GameStop GME unchanged at Neutral. On Thursday, TTWO lost 1.76% of its value to end the day at $14.49, while GameStop lost 1.65% of its value to close the day at $23.83. At the same time, ATVI lost 0.5% of its value on Thursday to finish the day at $11.84. Finally, ERTS lost 1.67% of its value on Thursday to end the day at $23.51. Its shares recovered most of yesterday's losses in today's pre-market trading, rising 1.57% to stand around $23.88.