Electronic Arts (EA +0.4%) opened lower after receiving a downgrade to Neutral from Citi's Neil...
Friday, June 22, 2012, 9:54 AM ETElectronic Arts (EA +0.4%) opened lower after receiving a downgrade to Neutral from Citi's Neil Doshi, but has since recouped its losses. Doshi is worried EA's social games have seen limited success, and (like Strategy Analytics) thinks the popularity of "freemium" mobile games poses a challenge for the company. He's also worried about the major drop recently seen in subscribers for Star Wars: The Old Republic, and thinks near-term catalysts are limited. (previous)
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