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Fly News Breaks for May 5, 2017
ZNGA
May 5, 2017 | 07:57 EDT
Benchmark analyst Mike Hickey said Zynga's "huge" Q1 upside and the company's Q2 guidance show its turnaround is "in play." The analyst, who has raised his FY17 bookings estimate to $837M, above the Street consensus of $804M, increased his price target on Zynga shares to $3.65 from $3.54 and keeps a Buy rating on the stock.
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