Piper Jaffray Maintains Neutral Rating on ERTS

Analysts at Piper Jaffray reiterated their Neutral rating on shares of Electronic Arts (ERTS) after reporting earnings that beat Street estimates. However, Piper Jaffray reduced its price target to $18 from $21, citing "limited sector visibility and fair valuation." Electronic Arts Inc. develops, markets, publishes, and distributes video game software and content.