The Latest Breaking News from Eric Handler

EA just got a big upgrade and looks like it's gearing up for new highs. With a strong release pipeline and bullish technicals, this could be a summer standout.

As AMC Entertainment's shares continue to spiral downward, here is another entertainment stock that investors could consider adding to their portfolios.

In its first-quarter earnings report, movie theater leader AMC Entertainment Holdings (NYSE: AMC) reported revenue and earnings per share that both beat Street estimates. The company also highlighted a robust slate of 2022 blockbuster movies.

MKM Partners analyst Eric Handler lowered the price target on Electronic Arts Inc (NASDAQ:EA) to $172 from $182 but reiterated a Buy rating on the shares. The price target implies an upside of 32%. With a strong balance sheet and "significant scale," Electronic Arts should remain a leading consolidator, Handler notes.  Still, following Microsoft Corp's (NASDAQ:MSFT) proposed acquisition of Activision…