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01 Apr, 2020
Bank of America Downgrades EA and Activision Blizzard Due to “Fortnite” Growth
Bank of America Merrill Lynch lowered its rating for both Electronic Arts (NASDAQ: EA) and Activision Blizzard (NASDAQ: ATVI) shares to neutral from buy due to the crowded holiday season and competition from Epic Games’ “Fortnite.”..
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