Information Provided By:
Fly News Breaks for February 6, 2020
ZNGA
Feb 6, 2020 | 07:54 EDT
Morgan Stanley analyst Matthew Cost assumed lead coverage of Zynga following a Q4 report he called "strong," noting that the company's bookings and EBITDA were 3% and 28%, respectively, ahead of his estimates. The results highlight more momentum behind its growth strategy, said Cost, who is bullish on the company's strategy to increase the pace of new launches, grow its international exposure and expand the into hyper-casual gaming space. Cost keeps an Overweight rating on Zynga with a $7.75 price target.
News For ZNGA From the Last 2 Days
There are no results for your query ZNGA