After Jefferies and Robert W. Baird gave Activision Blizzard (NASDAQ: ATVI) a Buy rating last month, the company received another Buy, this time from Oppenheimer. Analyst Andrew Uerkwitz maintained a Buy rating on Activision Blizzard today. The company’s shares opened today at $74.88.
According to TipRanks.com, Uerkwitz is a 5-star analyst with an average return of 23.3% and a 62.6% success rate. Uerkwitz covers the Consumer Goods sector, focusing on stocks such as Axon Enterprise Inc, Himax Technologies, and Turtle Beach Corp.
Activision Blizzard has an analyst consensus of Strong Buy, with a price target consensus of $83.86, an 12.0% upside from current levels. In a report released yesterday, Piper Jaffray also reiterated a Buy rating on the stock with a $84 price target.
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The company has a one-year high of $81.64 and a one-year low of $57.29. Currently, Activision Blizzard has an average volume of 5.71M.
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Activision Blizzard, Inc. engages in the development and publication of interactive entertainment. It operates through the following segments: Activision, Blizzard, and King. The Activision segment develops and publishes interactive software products and entertainment content, particularly for the console platform.
