Video game publishers have 'significant upside' as industry trends continue to shift

MARKETWATCH | on Wed, Jan 3, 2:50 PM

Analysts at BTIG on Wednesday initiated coverage on video game publishers Take-Two Interactive Software Inc. TTWO, +0.89%[1] and Activision Blizzard Inc. ATVI, +1.55%[2] with buy ratings, and on Electronic Arts Inc. EA, +0.27%[3] with a neutral rating. The BTIG analysts, led by Brandon Ross, wrote in a note to investors that they believe there is still significant upside for video game publishers, even with the multi-year run stocks have enjoyed as profits have climbed higher and multiples ha...

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