Zynga (ZNGA) Reports Q2 EPS of $0.00

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Zynga (ZNGA) Guidance Looks Conservative - Jefferies

August 5, 2016 7:12 AM EDT

Jefferies US Interactive Entertainment Team reiterated a Buy rating and $5 price target on Zynga (NASDAQ: ZNGA) after a solid quarter and seemingly conservative guidance.

The commented, "ZNGA posted a solid quarter ahead of consensus, and 3Q outlook looks conservative. By year-end we believe... More