Electronic Arts Stock Trades Higher on Analyst Upgrade

Financial analysts are starting to like the story being spun by Electronic Arts as it pours billions of dollars into mobile, social and online gaming. Citi analyst Neil Doshi upgraded EA to “buy” from “neutral” today, pushing the stock up more than 6 percent, or $1.36 a share, to $22.19. “As we’ve noted before, we like the fact that [Electronic Arts] plays in all of the online pies,” wrote Doshi, who reaffirmed his target price of $26.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work