Activision Blizzard (NASDAQ:ATVI)

Is ATVI a Buy or Sell?

Per CapitolTrades.com, Lowenthal took three buy trades in Activision Blizzard stock in December (each transaction had a size range of 1-15K). Video game maker Activision Blizzard is in the news for its deal with Microsoft (NASDAQ:MSFT). While MSFT’s takeover is hit with regulatory hurdles, the company is a solid play in the video game space and commands a Strong Buy consensus rating on TipRanks.

The analysts’ consensus rating is based on 11 Buy and two Sell recommendations. Further, these analysts’ average price target of $92.50 implies 22.19% upside potential.