Oppenheimer analyst Martin Yang assigned a Buy rating to Activision Blizzard (ATVI) today and set a price target of $110.00. The company’s shares closed last Thursday at $102.25, close to its 52-week high of $104.53.
According to TipRanks.com, Yang is a 4-star analyst with an average return of 26.1% and a 64.0% success rate. Yang covers the Technology sector, focusing on stocks such as Universal Display, QuickLogic, and MagnaChip.
Activision Blizzard has an analyst consensus of Strong Buy, with a price target consensus of $113.30, which is an 11.3% upside from current levels. In a report issued on February 5, Jefferies also assigned a Buy rating to the stock with a $110.00 price target.
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The company has a one-year high of $104.53 and a one-year low of $50.51. Currently, Activision Blizzard has an average volume of 6.3M.
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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. The Blizzard segment develops and publishes interactive software products and entertainment content, particularly for the PC platform. The King segment develops and publishes interactive entertainment content and services, particularly on mobile platforms, such as Google’s Android and Apple’s iOS. The company was founded in 1979 and is headquartered in Santa Monica, CA.
