Zynga (ZNGA) volatility elevated; shares near record low into Goldman reiterating Buy rating
Zynga (Nasdaq: ZNGA) overall implied volatility of 84 is above its 24-week average of 68 according to Track Data, suggesting larger price movement into Goldman Sachs has a Buy rating and lowered its price target to $13 from $15 and says Zynga’s risk/reward is attractive and that Q2 earnings and product announcements should be positive catalysts.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Top 10 News for 1/26 - 1/30: Apple's Record Results, Record Price; M&A Back in Fashion; Burger Giant Names New CEO
- First Bancshares, Inc. (FBMS) Reports Q4 EPS of $0.36
- Trading Radar for 2/2: Exxon (XOM), Cliffs Natural (CLF), Anadarko (APC), Sysco (SYY) Report
Create E-mail Alert Related CategoriesOptions
Related EntitiesOptions, Earnings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!