Tuesday, September 06, 2016 7:34:31 AM
ZYNGA, INC. (NASDAQ:ZNGA) STOCK RISES, ANALYSTS: HOLD RATING
BY CHRISTIAN WHEELER -
SEPTEMBER 5, 2016
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ZYNGA, INC. (NASDAQ:ZNGA) UP 1.12% FOR THE PAST 5 DAYS, IS UNDER COVERAGE OF 17 ANALYSTS WHO COLLECTIVELY ASSIGN A HOLD RATING ON STOCK. 5 OF THE BROKERAGES FIRMS HAVE A BUY OR BETTER RATING; THE 0 SELLS versus 3 underperforms. THE 15 STOCK ANALYSTS WHO COVER THE STOCK HAVE AN AVERAGE PT AT $3.17, WITH INDIVIDUAL TARGETS IN THE RANGE OF $2.5 TO $5.
THE SHARES ENDED LAST TRADE AT $2.72, IMPLYING THAT WALL STREET ANALYSTS SEE SHARES CLIMBING ABOUT 16.54 PER CENT in 12 months’ time…
ZYNGA, INC. (ZNGA) ANALYST COVERAGE
MORGAN STANLEY IS A BROKERAGE HOUSE CHASING SHARES OF ZYNGA, INC. (ZNGA), SO ITS RATING CHANGE IS NOTEWORTHY. The company stock was initiated at Equal-Weight, wrote analysts at Morgan Stanley, in a research note issued to clients on Tuesday July 14, 2015. There was another key research note provided by Needham on Friday November 07, 2014. THE FIRM LIFTED ITS RATING ON ZNGA FROM HOLD TO BUY.
Price Momentum: Despite the 1.49% rise in value, the stock’s new closing price reflects a -9.93% fall in price from company’s one year high of $3.02. The stock is currently holding above its 50-day SMA of $-0.16 and below its 200-day SMA of $2.77. OVER THE LAST 3 MONTHS AND OVER THE LAST 6 MONTHS, THE SHARES OF ZYNGA, INC. (ZNGA), HAVE CHANGED 9.19% AND 2.5%, RESPECTIVELY.
Source:
reviewfortune.com/2016/09/05/zynga-inc-nasdaqznga-stock-rises-analysts-hold-rating/
BUSINESS
ANALYSTS: ZYNGA, INC. (NASDAQ:ZNGA) STOCK IS WORTH $3.17
BY MIKE ANDERSON -
SEPTEMBER 2, 2016
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ZYNGA, INC. (NASDAQ:ZNGA) UP 1.52% FOR THE PAST 5 DAYS, IS UNDER COVERAGE OF 17 ANALYSTS WHO COLLECTIVELY ASSIGN A HOLD RATING ON STOCK. 5 of the brokerages firms have a buy or better rating; the 0 sells versus 3 underperforms. The 15 stock analysts who cover the stock have an average PT at $3.17, with individual targets in the range of $2.5 to $5. The shares ended last trade at $2.68, implying that WALL STREET ANALYSTS SEE SHARES CLIMBING ABOUT 18.28 PER CENT in 12 months’ time...
EARNINGS ROUNDUP: In the last fiscal quarter alone, Zynga, Inc. generated nearly $174.65M in sales and net income of 0/share. That compares with the mean forecast $169.82M and 0/share, respectively. For the prior quarter revenue for the stock hit $181.62M, with EPS at 0.
ZYNGA, INC. (ZNGA) ANALYST COVERAGE
MORGAN STANLEY IS A BROKERAGE HOUSE CHASING SHARES OF ZYNGA, INC. (ZNGA), SO ITS RATING CHANGE IS NOTEWORTHY. The company stock was initiated at Equal-Weight, wrote analysts at Morgan Stanley, in a research note issued to clients on Tuesday July 14, 2015. There was another key research note provided by Needham on Friday November 07, 2014. THE FIRM LIFTED ITS RATING ON ZNGA FROM HOLD TO BUY.
Price Momentum: Despite the -1.83% drop in value, the stock’s new closing price reflects a -11.26% fall in price from company’s one year high of $3.02. THE STOCK IS CURRENTLY HOLDING ABOVE ITS 50-DAY SMA of $-1.53 and below its 200-day SMA of $2.77. OVER THE LAST 3 MONTHS AND OVER THE LAST 6 MONTHS, THE SHARES OF ZYNGA, INC. (ZNGA), HAVE CHANGED 7.63% AND 2.5%, RESPECTIVELY.
Source:
http://reviewfortune.com/2016/09/02/analysts-zynga-inc-nasdaqznga-stock-is-worth-3-17-2/
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