Top 5 Gainers Today

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1. Electronic Arts Inc. (NASDAQ:EA) has risen 1.69% as of 12:20 PM ET after the coverage of the California-based video company was initiated by Matti Littunen at Bernstein with an Outperform rating. The analyst gave a price target of $157, reflecting a potential upside of 26.87% from the last closing price. Littunen sees the $180 billion video game industry as the “best structural growth opportunity” in the media sector. The analyst thinks that Electronic Arts Inc. (NASDAQ:EA) is oversold given its ‘quality and growth potential.’ He further stated that Electronic Arts Inc. (NASDAQ:EA) has learned from prior mistakes and has formed a mature business strategy.

Overall, Electronic Arts Inc. (NASDAQ:EA) was held by 41 hedge funds as of Q4 2021.

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