UPDATE: Stifel Nicolaus Raises PT to $17 on Activision Blizzard on Better February Metrics
March 15, 2013 at 13:31 PM EDT
Stifel Nicolaus maintained Activision Blizzard (NASDAQ: ATVI ) with a Buy rating and raised the price target from $15.00 to $17.00. Stifel Nicolaus analyst Drew Crum noted, "[O]n Thursday The NPD Group, Inc. reported U.S. video games sales (packaged goods) for February w/ ATVI up +14% vs. our assumption (and