Analyst cuts EA profit estimate due to poor Star Wars Battlefront 2 sales

Bank of America Merrill Lynch has reduced its price target and profit estimate for EA following poor sales of Star Wars Battlefront 2.This comes after a sustained backlash against the company for its implementation of microtransactions in Battlefront 2, as well as the closure of Visceral Games – who were working on an untitled single-player Star Wars game.

Justin Post, Wall Street Analyst at Merrill Lynch – in a note to clients reported by CNBC – predicted that Battlefront 2 would...

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