Zynga (ZNGA) Misses Q1 EPS by 2c

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Zynga's (ZNGA) Buy Rating Maintained at Benchmark

May 5, 2017 7:43 AM EDT

Benchmark maintained a Buy rating on Zynga (NASDAQ: ZNGA) with a price target of $3.65 following the release of strong Q1 results and guidance. Analyst Mike Hickey noted bookings and OIBDA that exceeded guidance and Street consensus, led by better than expected mobile bookings performance.

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