THQ (NASDAQ:THQI) Sales Driven by uDraw, WWE Smackdown vs. Raw

Compared to guidance, UBS (NYSE:UBS) sees the current quarter as positive for THQ (NASDAQ:THQI), being driven by sales of WWE Smackdown vs. Raw and uDraw.

UBS said, "Our channel checks suggest THQ’s current quarter looks positive vs. guidance, driven by sales of the uDraw peripheral in addition to WWE Smackdown vs. Raw. Additionally, industry trends look promising, as we track healthy holiday sales growth (+9% Y/Y) of Video Games, Consoles, & Accessories per comScore...Stronger title line-up for 2011, but questions remain."

UBS maintains a "Neutral" rating on THQ Inc.m, which closed Tuesday at $6.36, gaining $0.19, or 3.12 percent. UBS raised their price target on them from $4.45 to $6.25.