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.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.