Zynga (ZNGA) Could See Rare Green Day After New Buy Rating
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Price: $8.18 --0%
Rating Summary:
15 Buy, 18 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
15 Buy, 18 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Recent IPO Zynga (Nasdaq: ZNGA) could see a rare up day Tuesday after Piper Jaffray started coverage on the stock with an Overweight rating and $11 price target.
Shares closed at $8 on Monday, 20 percent below the IPO price of $10.
Piper's new price target suggests potential upside of 37.5 percent.
Pacific Crest also initiated coverage on the stock Tuesday with a more muted Sector Perform rating.
Shares closed at $8 on Monday, 20 percent below the IPO price of $10.
Piper's new price target suggests potential upside of 37.5 percent.
Pacific Crest also initiated coverage on the stock Tuesday with a more muted Sector Perform rating.
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