- Stephens has made Electronic Arts (EA +2.6%) a "best idea" with the key catalyst the upcoming launch of Apex Legends season 2.
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"Fortnite's popularity has hit a lull," analyst Jeff Cohen says of the battle-royale genre's leader, and EA's new season is "launching at the right time to capture momentum."
- The new season could generate $150M in revenue in a bull-case scenario, he says.
- Sell-side analysts on average rate EA an Outperform and the stock has a Quant Rating of Bullish, though Seeking Alpha authors are Neutral on average.