Benzinga Breakfast Notes: Wedbush Maintains "Outperform," on ZYNGA

These are the highlights Wedbush's Notes:

1. The Pace of New Releases is Underwhelming
2. Limited Visibility Causes Zynga to Remain a "Show Me" Stock;
3. 12 month $6 Price Target
4. ...other sequels and franchise releases have struggled, including recent release NFL Showdown..
5. Competitor King has launched at least one new title each quarter with a staffing level 50% of Zynga’s...

 

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