Analyst Says Zynga (ZNGA) Will Finally Hit Floor at $1.70
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Wedbush Keeps Zynga (ZNGA) at Outperform - Crazy or Crazy Like a Fox?
October 5, 2012 9:52 AM EDTAfter yesterdays third quarter warning and pre-announcement by online gaming company Zynga (Nasdaq: ZNGA), few analysts are willing to hang onto an Outperform rating. While Wedbush cut its price target to $4 from $7, it kept its Outperform rating, which turned a few heads.
"While we would normally be inclined to downgrade the company's shares... More
Baird Downgrades Zynga (ZNGA) to Neutral Following Warning
October 5, 2012 7:12 AM EDTBaird downgraded Zynga (NASDAQ: ZNGA) from Outperform to Neutral and cut its price target in half - from $6 to $3 - following lower guidance... More
Zynga (ZNGA) Resumes, Now Down 13%
October 4, 2012 5:05 PM EDTZynga (Nasdaq: ZNGA) resumes trading down 13.0 percent.... More
Facebook (FB) On Watch After Zynga (ZNGA) Warns Again
October 4, 2012 4:52 PM EDTTraders are watching Facebook, Inc. (NASDAQ: FB) following a warning from partner Zynga (NASDAQ: ZNGA), which cited weakness in certain games
Zynga expects to report revenue in the range of $300 million to $305 million, versus the consensus of $275.9 million.... More
Zynga (ZNGA) Cuts Q3 Outlook; Cites 'Weakness in Certain Games'
October 4, 2012 4:48 PM EDTZynga Inc. (Nasdaq: ZNGA) announced certain preliminary financial results for its third quarter ended September 30, 2012.
Zynga expects to report revenue in the range of $300 million to $305 million and bookings in the range of $250 million to $255 million for the third quarter ended September 30, 2012. Zynga expects to report a net loss of between $90 million and $105 million, non-GAAP net loss between $2 million and $5 million and... More
