2024-07-15 09:46:49 ET
With just days before Electronic Arts ( NASDAQ: EA ) releases College Football , a video game that should propel EA’s FY25 bookings to the company's $7.7B target, Citigroup has downgraded the stock to Neutral from Buy amid concerns about potential crowding out from Grand Theft Auto IV , recent weakness with Apex Legends , and the underlying macro risk from diminished consumer spending. ...
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Electronic Arts' College Football to bring gridiron glory, but headwinds remain -- analyst