Electronic Arts Inc. (NASDAQ:EA) shares are trading higher on Wednesday.
Yesterday, the company reported first-quarter net bookings of $1.26 billion, down from $1.58 billion in last year's first quarter total of $1.58 billion. However, the net bookings came in ahead of company guidance of $1.25 billion.
The results came amid an exciting earnings season. Here are some key analyst takeaways.
Check out other analyst stock ratings.
Goldman Sachsanalyst Eric Sheridan reiterated a Neutral rating, raising the price forecast from $139 to $150.
In the medium term, the analyst sees adding to the sports franchise strength across other titles in the coming quarters...
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