EA Ranks Down, Vetr Crowd Says Hold

On Monday, the Vetr Crowd downgraded their rating for Electronic Arts Inc (NASDAQ: EA) from its previous rating of 3.5 stars (Buy), issued 10 days ago, to 3 stars (Hold). The crowd’s sentiment is holding steady with 75 percent of the crowd’s ratings bullish.

The downgrade comes after a middling month for the video game publisher, down 8.65 percent from October’s 2016 high of $85.56 to just over $78 on Monday.

Analyst downgraded the stock in late October after shares plateaued. Bank of America lowered its rating from Buy to Neutral, and Cowen lowered its rating from Outperform to Market Perform.

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The Vetr crowd’s average target price is up slightly to $81.97, still below the average analyst target price of $90.02 Less than 2 percent of Vetr users are holding EA in their watch lists.

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