US Top Rating Updates on 9/15: TSLA, NFLX, ATVI, EA and More

Evercore ISI analyst Mark Mahaney upgraded $Netflix (NFLX.US)$ to Outperform from In Line with a price target of $300, up from $245. The company's advertising supported tier and password sharing revenue opportunities constitute catalysts that can drive a "material reacceleration" in revenue growth, Mahaney tells investors in a research note.

Atlantic Equities analyst Kunaal Malde upgraded $Activision Blizzard (ATVI.US)$ to Overweight from Neutral with a price target of $84, down from $95. The analyst views the stock's risk/reward as positive given the "substantial upside" if the $Microsoft (MSFT.US)$ acquisition is approved and "much more limited downside" if the deal does not complete.

Atlantic Equities analyst Kunaal Malde downgraded $Electronic Arts Inc (EA.US)$ to Neutral from Overweight with a price target of $130, down from $140. The analyst says the shares are fairly valued and that he currently prefers $Activision Blizzard (ATVI.US)$, whose stock he upgraded this morning to Overweight.