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Activision Blizzard, Inc (ATVI) > Articles

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Activision Blizzard, Inc (ATVI)
Activision down after disappointing results

Forbes - June 1, 2007


Submitted by Powertrade (219) at 12:13PM PST on June 1, 2007


Sales rise to $312.5 million but loss grew to $14.4 million. Deutsche Bank says larger loss is a "non-factor." Reiterates "Buy" rating with target at $23. Kaufman Bros believes ATVI will have strong momentum from Guitar Hero 2 (Xbox 360), Spider-Man 3 and Shrek games.



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