BMO upgrades Electronic Arts to outperform, says Apex Legends and sports games have upside

Andrew Wilson, chief executive officer of Electronic Arts Inc. (EA), speaks during the company's EA Play event ahead of the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Saturday, June 10, 2017.
Patrick T. Fallon | Bloomberg | Getty Images

The market has overlooked the underlying performance for video game publisher Electronic Arts this year, and investors should take advantage, according to BMO Capital Markets.

More In Street Calls

CNBC ProHere are Friday's biggest analyst calls of the day: Apple, FedEx, Coinbase, Honeywell, Micron & more
CNBC ProEnergy stocks are the best bet in the market right now, says JPMorgan
CNBC ProBank of America downgrades Micron, says recovery is 'unlikely' this year