Ea Q2 Financials 2009

Pachter slashes price target on EA following Q2 financials

Wedbush Morgan’s Michael Pachter has heavily dropped his 12-month price target on EA, heading south from $53.50 to $38.The analyst is maintaining a “strong buy” rating on the firm.Pachter also pulled back his EPS estimate for EA, down from $1.70 to $1.40.The moves come following the announcement of both increased losses and sales in the […]