- A number of analysts lowered their price targets for Activision Blizzard (NASDAQ:ATVI) following yesterday's earnings miss.
- Mizuho lowers 12-PT to $35 from $42.
- Atlantic Equities lowers PT to $40 from $45.
- Piper lowers PT to $39 from $42.
- Barclays lowers PT to a Street low of $32 from $40. Street high is Wedbush at $47.
- Pacific Crest lowers PT fo $36 from $41.
- Macquarie lowers PT to $33 from $36.
- Shares fell 14% in after-hours trading to $26.25, a level not seen since August.
- Note: Activision Blizzard CEO Robert A. Kotick on Q4 2015 Results - Earnings Call Transcript (Feb. 11)