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Citigroup Upgrades Activision Blizzard To Buy; Price Target Implies 23.3% Upside

Citigroup Upgrades Activision Blizzard To Buy; Price Target Implies 23.3% Upside

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Citigroup analyst Jason Bazinet upgraded Activision Blizzard Inc (NASDAQ:ATVI) to Buy from Neutral with a price target of $105, implying a 23.3% upside.  With the shares falling about 10% over the last three months to put them 18% of their high for the year, he sees the risk-reward has become compelling.

...read full article on Benzinga

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