Activision Blizzard, Inc. ATVI reported better-than-expected earnings Nov. 2 and raised its full-year guidance. The Analyst Goldman Sachs' Christopher Merwin upgraded the stock from Neutral to Buy and raised the price target from $67 to $73. The Thesis Merwin sees the stock as a high-class asset that trades with a discount to peers ahead of a period of accelerating earnings growth that he projects will occur over the next two to three years. Read moreA breakout of the rising wedge is coming. We can expect a downside trend to start. $ATVI, Activision Blizzard, Inc / H1