CNBC Pro

JPMorgan downgrades Activision Blizzard after report that CEO mishandled sexual misconduct claims

Activision Blizzard CEO Bobby Kotick speaks at the CNBC Evolve conference November 19th in Los Angeles.
Jesse Grant | CNBC

Investors should stay away from Activision Blizzard while the company deals with an ongoing controversy surrounding reports and allegations about its CEO, according to JPMorgan.

More In Street Calls

CNBC ProHere are Friday's biggest analyst calls of the day: Amazon, Marvell, Honeywell, FedEx, Chipotle & more
CNBC ProDeutsche Bank initiates Peloton at buy, says the stock can rebound more than 70%
CNBC ProWall Street analysts bail on DocuSign after sales guidance comes up short