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New Buy Rating for Activision Blizzard (ATVI), the Technology Giant

In a report released today, Nick McKay from Wedbush maintained a Buy rating on Activision Blizzard (ATVIResearch Report), with a price target of $95.00. The company’s shares opened today at $75.55.

According to TipRanks, McKay is ranked #8064 out of 8253 analysts.

Activision Blizzard has an analyst consensus of Strong Buy, with a price target consensus of $91.67, representing a 21.34% upside. In a report released on January 20, Benchmark Co. also maintained a Buy rating on the stock with a $90.00 price target.

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The company has a one-year high of $81.52 and a one-year low of $70.94. Currently, Activision Blizzard has an average volume of 6.32M.

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Activision Blizzard, Inc. is one of the world’s largest interactive entertainment companies, with it developing and publishing console, online and mobile games. The company operates through three business segments: Activision, Blizzard, and King. The Activision unit develops and publishes interactive software products and entertainment content for the console, and the Blizzard and King segments focus on PC and mobile platforms.

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