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Benzinga
Benzinga
Business
Priya Nigam

HISTORICAL FACTS: Bofa reinstates coverage of ea take two - Caught on Camera

EA SPORTS Omar Dessouky BofA Securities Nasdaq

While the COVID-driven joiner-churn in the interactive media sector is likely to have subsided, increases in gamer budgets may persist, according to BofA Securities.

The Interactive Media Analyst: Omar Dessouky reinstated coverage of Electronic Arts Inc. (NASDAQ:EA) with a Buy rating and a price target of $166. In a separate note, the analyst also reinitiated coverage of Take-Two Interactive Software, Inc (NASDAQ:TTWO) with a Buy rating and a price target of $213.

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