'FarmVille' creator Zynga forecasts bookings below estimates
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Zynga (ZNGA) PT Lowered to $3.20 at Mizuho Securities; Reiterates Buy
February 10, 2017 1:09 PM ESTMizuho Securities lowered its price target on Zynga (NASDAQ: ZNGA) to $3.20 (from $3.50) while maintaining a Buy rating. The company posted bookings of $202m and adjusted EBITDA of $21.6m that handily beat Street expectations for $195m/19.0m. For 1Q17, the company guided to... More
UPDATE: UBS Reiterates Buy on Zynga (ZNGA) Following 4Q
February 10, 2017 9:17 AM EST(Updated - February 10, 2017 9:21 AM EST)
UBS reiterated a Buy rating and $3.50 price target on Zynga (NASDAQ: ZNGA) following the company's 4Q report.
Analyst Eric Sheridan commented,... More
Wedbush Remains Bullish on Zynga (ZNGA) Following 4Q Report
February 10, 2017 7:55 AM ESTWedbush reiterated an Outperform rating and $4.25 price target on Zynga (NASDAQ: ZNGA) following the company's 4Q earnings report. Bookings were $202 million, vs. consensus of $193 million, and guidance of $185 195 million.
Analyst Michael Pachter commented, "We think that Zynga is a compelling investment.... More
