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January 18, 2007
Citi Lifts EA To Buy As Revenue Miss Priced In
We have no stomach for EA at tech:stocker. But Citigroup has just raised their rating on ERTS to Buy from Hold, and raised their price target to $64 from $60.
What is there to get excited about in the stock: greater emphasis on games for the Nintendo Wii, the launch of Spore in the fall and the potential for acquisitions, including Ubisoft, in which the company already has a 20% stake.
Posted by Paul at January 18, 2007 07:34 PM
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