UBS Upgrades Zynga (ZNGA) to Buy on Renewed Growth
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Zynga (ZNGA) Makes Red to Green Reversal
February 3, 2014 10:06 AM ESTZynga (Nasdaq: ZNGA) stock turned north after being pressured early Monday following a downgrade to Underperform by analysts at BofA ML. Shares erased a 5.5% decline and were up 4.1% at one point.... More
BofA/Merrill Lynch Downgrades Zynga (ZNGA) to Underperform
February 3, 2014 7:40 AM ESTBofA/Merrill Lynch downgraded Zynga (NASDAQ: ZNGA) from Neutral to Underperform.
For an analyst ratings summary and ratings history on Zynga click here. For more ratings news on Zynga click here.
Shares of Zynga closed at $4.40 yesterday, with a 52 week range of $2.40-$4.55.... More
Zynga (ZNGA) Price Target Raised to $6 at Wedbush
January 31, 2014 10:12 AM ESTWedbush maintained an Outperform rating on Zynga (NASDAQ: ZNGA) and raised its price target to $6.00 (from $5.00). The change follows strong Q4 results and guidance.
"Our revised PT reflects an EV/bookings multiple of 4.5x, applied to our 2014 bookings estimate. We... More
UPDATE: Janney Montgomery Scott Upgrades Zynga (ZNGA) to Neutral
January 31, 2014 6:43 AM EST(Updated - January 31, 2014 6:55 AM EST)
Janney Montgomery Scott upgraded Zynga (NASDAQ: ZNGA) from Sell to Neutral with a price target of $4.25.
"We are upgrading ZNGA to Neutral with a $4.25 FV, as we believe the company is actively taking steps to offset next gen console risk much sooner than expected. The company... More