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Fly News Breaks for August 29, 2019
ZNGA
Aug 29, 2019 | 07:33 EDT
Baird analyst Colin Sebastian said the recent weakness in Zynga shares is a buying opportunity. The analyst remains upbeat on its prospects to generate solid growth and improving margins over time, with management highlighting good visibility into bookings despite certain timing of new title launches. Sebastian reiterated his Outperform rating and $8 price target on Zynga shares.
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