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Lazard Cap drops price target on EA

VG247: Lazard Capital's Colin Sebastian has dropped his price target on EA from $58 to $55.

"While we continue to believe that EA will ultimately benefit from improving execution and better product momentum in 2HF2009, we believe ongoing margin pressures and lack of R&D leverage limit near-term upside in the shares," said the analyst in a note this afternoon.
patlike - contributor
Published: 57 days 7 hours ago | News | Industry News
 
 
 
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