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Pachter drops price targets on THQ and Acti-Blizz

Patrick Garratt avatar
News by Patrick Garratt Founder & Publisher (Former)
Published on

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It's all going wrong. Ish. Wedbush Morgan's Michael Pachter and heavily reduced 12-month price targets on THQ and Activision Blizzard after doing the same with EA last week.

The analyst is now aiming for $14 on THQ, down from $22. Activision Blizzard's hot spot is now $18, said Pachter, down from $22.50.

He reduced his target on EA from $53.50 to $38 on Friday.

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Activision Blizzard Michael Pachter THQ Trade wedbush morgan
About the Author
Patrick Garratt avatar

Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.
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