Doug Creutz, a market analyst working for Cowen, has advised investors that his rating for EA has dropped from outperforming their predicted targets to market perform. In other words, they aren’t doing as well as he had initially predicted.
The reason for this is that, according to Doug, Titanfall 2 will be a bit of a flop. “”We are downgrading EA shares … because we believe that ‘Titanfall 2’ sales are going to be substantially disappointing, enough to offset upside from ‘Battlefield 1′” he wrote.
That seems a little odd considering Titanfall 2 is available on two consoles this time rather than one, but a quick glance at my online friends reveals that apart from myself, just one other person is playing the game. That’s not good on release day.
By the way, I’m streaming the game now you can watch here.