By: Benzinga
UPDATE: Sterne Agee Upgrades Activision-Blizzard to Buy Following Strong Q4
Sterne Agee upgraded Activision-Blizzard (NASDAQ: ATVI ) from Neutral to Buy and announced a $17.00 price target. Sterne Agee commented, "We are raising our rating on ATVI from Neutral to Buy. As previewed, 2013 EPS guidance was considerably (~18 %) below "published" estimates, though within "whisper" expectations. We think ATVI's
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