Analyst Colin Sebastian of Robert W. Baird & Co. Incorporated sent out a note this morning to investors of Activision stock saying that they are maintaining a rating of outperform. This rating is based on Activision's latest financial results which were fairly solid thanks to sales of its Skylanders line of toy-game hybrid products for various platforms and continued sales growth in its Call of Duty Elite membership program. These things helped Activision offset retail sales of Call of Duty: Modern Warfare 3 (which are not quite as strong as the previous Call of Duty title).
Full report here