Electronic Arts (EA) Stock: $175 Price Target From Deutsche Bank

By Amit Chowdhry ● Jan 15, 2022
  • The shares of Electronic Arts Inc. (NASDAQ: EA) have received a $175 price target from Deutsche Bank. These are the details.

The shares of Electronic Arts Inc. (NASDAQ: EA) have received a $175 price target from Deutsche Bank. And Deutsche Bank analyst Benjamin Soff reduced the price target on EA from $180 while maintaining a “Buy” rating on the shares. 

Soff had called EA his top video games pick for this year, noting that the company has a strong organic growth outlook, both next year and longer-term — which should lead to substantial value creation over time.

Soff noted that the company should grow net bookings at a rate of greater than 6% year-over-year organically. Plus Soff believes EA can maintain growth around that pace over a 3-year period.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.