Electronic Arts (EA) Stock: $145 Price Target From Goldman Sachs

By Amit Chowdhry ● Apr 25, 2022
  • The shares of Electronic Arts Inc. (NASDAQ: EA) have received a $145 price target from Goldman Sachs. These are the details.

The shares of Electronic Arts Inc. (NASDAQ: EA) have received a $145 price target from Goldman Sachs. And Goldman Sachs analyst Eric Sheridan adjusted the rating from “Buy” to “Neutral.”

Sheridan had assumed/initiated coverage of 10 companies across the interactive entertainment sector. And with a newly appointed CFO and estimates below the Street in the coming years, Sheridan has been looking for more clarity on EA’s path for growth and margin trajectory over the long term. 

But Sheridan sees EA as a fast-growing company with long-term margin potential and as being well-positioned to take market share going forward.

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