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JPMorgan analyst Alexia Quadrani downgraded Activision Blizzard Inc (NASDAQ:ATVI) to Neutral from Overweight with a price target of $88, down from $100, implying a 37.1% upside. The ongoing misconduct allegations against CEO Bobby Kotick suggest an overhang will remain on the shares, Quadrani tells investors in a research note.
...read full article on Benzinga
