Zynga (ZNGA) Misses Q1 EPS by 3c, Revenue Beats, Cuts Workforce, Q2 Rev. Guidance Beats
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Wedbush Retains Their Bullish Views on Zynga (ZNGA) After Q1 Upside
May 7, 2015 9:36 AM EDTWedbush maintains their Outperform rating on Zynga, Inc. (NASDAQ: ZNGA) and $6 price target following a solid 1Q15. ZNGA's reports showed that they beat their bookings guidance by a considerable amount. Their 1Q bookings were $167 million vs. Wedbush's $150 million estimate, and guidance of $140-150 million.... More
Needham & Company Reinstates Zynga (ZNGA) at Buy, $3.50 PT
May 7, 2015 8:02 AM EDTNeedham & Company reinstates coverage on Zynga (NASDAQ: ZNGA) with a Buy rating and a price target of $3.50 following Q1 beat
Analyst Sean McGowan commented, "ZNGAs 1Q results were better than our estimates, consensus and guidance, with strong bookings in casino games driving bookings... More
Janney Raises Zynga (ZNGA) Fair Value Target Following 1Q Results
May 7, 2015 6:37 AM EDTJanney Capital Markets maintains their Neutral rating on Zynga, Inc. (NASDAQ: ZNGA) and increase their fair value target to $2.75 (from $2.50) following a slight improvement in 1Q15.
Janney Capital Markets analyst Tony Wible said, "We are pleased with management's discipline, as the business... More