UPDATE: Stifel Reiterates on Activision Blizzard on Multiple Positive Factors

In a report published Monday, Stifel analyst Drew Crum reiterated a Buy rating on Activision Blizzard (NASDAQ: ATVI ), and raised the price target from $22.00 to $24.00. In the report, Stifel noted, “ATVI remains our top pick for 2014, based on the following: 1) a strong game pipeline which