UPDATE: Zynga (ZNGA) Reports In-Line Q1 EPS, Provides Q2 & FY Guidance

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Go back to UPDATE: Zynga (ZNGA) Reports In-Line Q1 EPS, Provides Q2 & FY Guidance

Goldman Sachs Raises Zynga's (ZNGA) Price Target to $4; Analyst Notes Risks

April 24, 2014 9:41 AM EDT

Goldman Sachs maintained a Neutral rating on Zynga (NASDAQ: ZNGA) and raised its price target to $4.00 (from $3.00).

Analyst Heath P. Terry said,"While yoy declines remain significant, the sequential growth in bookings, EBITDA, audience, and pricing suggests Zynga is seeing traction following its... More

Zynga (ZNGA) Turning But Risk Still Outweigh Rewards - Janney

April 24, 2014 8:22 AM EDT

Janney Montgomery Scott analyst Tony Wible reiterated a Neutral rating on Zynga (NASDAQ: ZNGA) and moved his price target to $4 following Q1 results saying the company is turning a corner but risk still outweigh rewards.

Wible comments, "ZNGA reported adjusted EBITDA of $13.8... More