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Thursday, January 19, 2012

EA - It's In The Game

















$EA 17.50 Jan $PUT in .38 out .27 loss

9:49 AM Electronic Arts (EA -2.5%) trades lower after Brean Murray lowers its PT to $22 from $28, albeit while reiterating a Buy. The firm says weaker-than-expected initial subscriber growth for Star Wars: The Old Republic, an ambitious online title released last month, leads it to be concerned about EA's FY13 (ends March '13) EPS. On Dec. 26, EA claimed it had racked up over 1M users for Star Wars.