Piper Jaffray Reports On Gaming Industry In Light Of NPD

Piper Jaffray has released a report focusing on the state of the video game industry and NPD video game software data to be released next Thurday, April 14th. The firm remains Neutral on the sector overall for game publishers and retailers and highlight five stocks in the report. Piper Jaffray rates Electronic Arts ERTS as Overweight with a PT at $19.50, Activision Blizzard ATVI as Neutral and a PT of $13, Take-Two TTWO as Neutral and a PT of $16, THQ THQI as Neutral with a PT of $7 and GameStop GME as Underweight and a PT set at $17. ERTS closed yesterday at $20.25, ATVI at $11.08, TTWO at $15.66, THQI at $4.71 and GME at $24.03, respectively.
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Posted In: Analyst ColorAnalyst RatingsActivision Blizzard Inc.Computer & Electronics RetailConsumer DiscretionaryElectronic Arts Inc.GameStop Corp.Home Entertainment SoftwareInformation TechnologyPiper Jaffraytake two interactive softwareTHQ Inc.
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