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Fly News Breaks for September 17, 2019
EA, ZNGA
Sep 17, 2019 | 08:00 EDT
Stephens analyst Jeff Cohen changed his Best Idea in video games to Zynga (ZNGA) from Electronic Arts (EA), stating that the former is well positioned for the next 6-18 months, which he believes will be a period of consolidation in the mobile gaming market. Zynga has a proven ability to successfully execute M&A and Cohen believes the potential for deals, along with its current portfolio, create a "very compelling risk/reward," he tells investors. Cohen keeps an Overweight rating and $8.25 price target on Zynga shares.
News For ZNGA;EA From the Last 2 Days
EA
Apr 24, 2024 | 13:19 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: This... To see the rest of the story go to thefly.com. See Story Here
