ATVI is being a target of takeover (agreed by shareholders) at 95$ by MSFT.
Some of the anti-trust organizations are opposing to it. That`s why the price is around 76.6$ right now (59 bn).The deal might go through as ATVI + MSFT will not create a monopolistic position on the gaming market, which is very fragmented and everything depends on the gamers mood/preferences. Even if the deal is not going through - ATVI shares are stalling because of the uncertainties related to the deal and it did not catch up with the peers to the upside. Another important factor: the company is beating expectations of both EPS and Revenues for 2 quarters already and there can be an interesting momentum. All in one the price has the margin of safety needed for a buy with 95$ PT
Disclaimer: These are my personal notes and are not in any form an investment recommendation. Do your homework or contact an authorized advisor.
Some of the anti-trust organizations are opposing to it. That`s why the price is around 76.6$ right now (59 bn).The deal might go through as ATVI + MSFT will not create a monopolistic position on the gaming market, which is very fragmented and everything depends on the gamers mood/preferences. Even if the deal is not going through - ATVI shares are stalling because of the uncertainties related to the deal and it did not catch up with the peers to the upside. Another important factor: the company is beating expectations of both EPS and Revenues for 2 quarters already and there can be an interesting momentum. All in one the price has the margin of safety needed for a buy with 95$ PT
Disclaimer: These are my personal notes and are not in any form an investment recommendation. Do your homework or contact an authorized advisor.
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.