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Analysts say Activision Blizzard stock is a buy – even if Microsoft’s deal fails


Even if

Microsoft

acquisition of

Activating blizzard

If it doesn’t pass, analysts at several Wall Street firms say the video game maker’s stock is still worth buying.

Activision stock (ticker: ATVI) was upgraded Monday by analysts at Truist and Wells Fargo. The pair changed ratings following an article published last week by Politico that cited three unnamed sources as saying the Federal Trade Commission can file an antitrust lawsuit to block Microsoft’s $69 billion acquisition of Activision.

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