Zynga (ZNGA) Misses Q1 EPS by 3c, Revenue Beats, Cuts Workforce, Q2 Rev. Guidance Beats
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Go back to Zynga (ZNGA) Misses Q1 EPS by 3c, Revenue Beats, Cuts Workforce, Q2 Rev. Guidance Beats
May 7, 2015 9:36 AM EDT
Wedbush 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
May 7, 2015 8:02 AM EDT
Needham & 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
May 7, 2015 6:37 AM EDT
Janney 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
