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Electronic Arts: share price falls, broker lowers target
(CercleFinance.com) - Electronic Arts is down nearly 18% in New York following the announcement of lower-than-expected bookings for the December quarter.
Against this backdrop, Jefferies cut its target on the stock from $175 to $155, but confirmed its Buy rating. Ultimate Team spending fatigue and player churn are important issues that management is expected to address on February 4, as are turnaround plans for fiscal 2026," Jefferies said. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
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