Activision Blizzard (ATVI) Gets a Buy Rating from Credit Suisse

By Austin Angelo

Credit Suisse analyst Stephen Ju maintained a Buy rating on Activision Blizzard (ATVIResearch Report) yesterday and set a price target of $85. The company’s shares closed yesterday at $64.34.

According to TipRanks.com, Ju is a top 100 analyst with an average return of 18.8% and a 68.3% success rate. Ju covers the Technology sector, focusing on stocks such as Endurance International, Boingo Wireless Inc, and Alphabet Inc.

Activision Blizzard has an analyst consensus of Strong Buy, with a price target consensus of $84.65, representing a 31.6% upside. In a report issued on October 31, KeyBanc also maintained a Buy rating on the stock with a $85 price target.

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The company has a one-year high of $84.68 and a one-year low of $57.29. Currently, Activision Blizzard has an average volume of 7.22M.

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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.