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Video Game Consoles Are Entering Their Sweet Spot: Here's How To Play It

Activision Blizzard, Inc NASDAQ:ATVI, Gamestop Corporation NYSE:GME - Video Game Consoles Are Entering Their Sweet Spot: Here's How To Play It

In separate reports published Monday, Piper Jaffray analyst Michael J. Olson said that new generation consoles had been received well and appeared poised to drive sustainable software growth, especially for video game publishers.

Olson commented, "We expect that CY15 & CY16 will be the equivalent to CY07 & CY08 during the prior console cycle; both were years that experienced significant industry software growth, following several years of decline or limited growth in the space. This is positive for video game publishers."

Olson maintained an Overweight rating on Activision Blizzard, Inc. ATVI 0.64%, while raising the price target...


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