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Wedbush: Zynga's Upside Potential Makes It A Top Play
Tuesday, August 27, 2019 - 10:54am | 343Online video game developer Zynga Inc (NASDAQ: ZNGA) has the potential to show notable upside versus the Street's estimates through 2021, according to Wedbush. The Analyst Michael Pachter maintained an Outperform rating on Zynga with an unchanged $9 price target. Pachter also added...
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Piper Jaffray Continues To Like Glu Mobile, Wedbush Sees Hurdles Ahead
Tuesday, February 5, 2019 - 12:24pm | 615Mobile video game developer and publisher Glu Mobile Inc. (NASDAQ: GLUU) reported fourth-quarter results Monday that prompted Piper Jaffray to turn incrementally bullish on the stock, while Wedbush highlighted expectations for a slowdown in core growth games. The Analysts Piper Jaffray's...
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An 'Exclamation Point' Deal: Analysts Bullish On Zynga After Another M&A Announcement
Friday, December 21, 2018 - 1:16pm | 497Mobile video game maker Zynga Inc (NASDAQ: ZNGA) said Thursday it will immediately acquire an 80-percent stake in the Finnish mobile game studio Small Giant Games for $560 million. The announcement has at least two Street analysts bullish on Zynga's prospects in 2019 and beyond. The Analysts...
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Zynga Is Well Positioned In The Favorable Video Game Market, Stifel Says
Friday, September 28, 2018 - 7:54am | 378Mobile and web video game maker Zynga Inc (NASDAQ: ZNGA) is well positioned to take advantage of favorable industry trends and investor confidence should increase in the near-term as management is expected discusses its pipeline of new games, according to Stifel. The Analyst Stifel's Drew Crum...
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Barclays Names 4 Reasons To Be Cautious On Zynga
Thursday, August 9, 2018 - 10:25am | 470Mobile game maker Zynga Inc (NASDAQ: ZNGA) deserves plenty of credit for nearly tripling its EBITDA in 2017 and and improving its cash flow, according to Barclays — but a bearish thesis is still warranted, according to Barclays. The Analyst Barclays' Ryan Gee initiated coverage of Zynga...
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4 Views On How To Play Activision Blizzard Post-Earnings
Friday, November 3, 2017 - 1:59pm | 793Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) hit a new all-time high of $67.03 Friday morning before returning all of the daily gains and then losing an additional 4.5 percent in reaction to the company's third quarter earnings report. Here is a summary of what some of Wall Street's...
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Nintendo's Stock Fell After The Release Of 'Super Mario Run': This May Explain Why
Friday, December 16, 2016 - 9:13am | 417Shares of Nintendo Co., Ltd (ADR) (OTC: NTDOY) took a hit immediately following the release of its newest mobile game "Super Mario Run." On Thursday, the stock's American-listed ADR fell more than 3 percent to close the day at $29.35, while the stock's Tokyo-listed equity (TYO: 7974) fell 4 percent...
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Get Ready To See Lots Of 'Pokémon Go' Players At Your Local Starbucks
Friday, December 9, 2016 - 10:53am | 319"Pokémon Go," the uber-popular mobile game from the summer months, has seen its popularity decline. However, the owners of the game are hoping to change this trend. Cup Of Joe And A Jolteon According to the Wall Street Journal, Niantic, the company behind the mobile game, struck a deal with...
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Wedbush's Michael Pachter Talks Video Game Stocks
Tuesday, May 31, 2016 - 2:20pm | 496Michael Pachter is an equity analyst at Wedbush Securities and considered to be one of the Street's top analysts in the video game space. On Tuesday, Pachter was a guest on Benzinga's PreMarketPrep to talk about the video game industry. Activision Blizzard First on the checklist: Activision...
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Zynga Gains 5% On CEO Change
Wednesday, March 2, 2016 - 7:34am | 192Shares of Zynga Inc (NASDAQ: ZNGA) were trading higher by more than 5 percent early Wednesday morning after the company appointed a new CEO. Zynga announced after Tuesday's market close that Frank Gibeau will replace Mark Pincus as CEO, effective March 7. Gibeau joined the company in 2015 as a...
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Glu Mobile's Kendall And Kylie Have More New Installs Than Any Mobile Game Online
Friday, February 19, 2016 - 12:01pm | 160Shares of Glu Mobile Inc. (NASDAQ: GLUU) surged on Thursday after the company announced the availability of a new mobile game featured Kendall and Kylie Jenner which is titled "Kendall & Kylie." Related Link: Kendall & Kylie Jenner Are Keeping Glu Mobile Shares Higher Glu Mobile's game...
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One Of Korea's Largest Mobile Game Company Might Go Public In America
Thursday, February 18, 2016 - 1:10pm | 175According to the Korea Herald, Netmarble Games, the country's second-largest game developer, is eyeing an initial public offering late this year either in the U.S. or domestically as part of a global expansion plans. The Korea Herald noted that Korea-based analysts peg the company's...
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Kendall & Kylie Jenner Are Keeping Glu Mobile Shares Higher
Thursday, February 18, 2016 - 10:14am | 286Shares of Glu Mobile Inc. (NASDAQ: GLUU) were trading higher by more than 6 percent on Thursday after the company announced the availability of a new mobile game. Glu Mobile's new game, titled "Kendall & Kylie" is available on the App Store and Google Play. The game features the "voices,...
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Taylor Swift Helps Shake Glu Mobile Stock Up 30%
Thursday, February 4, 2016 - 10:42am | 457Glu Mobile Inc. (NASDAQ: GLUU)'s stock surged higher by 30 percent on Thursday after the company announced a new partnership with Taylor Swift to create a mobile game. Glu Mobile will collaborate with the Grammy award-winning popstar to develop a "one-of-a-kind digital gaming...
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Shares Of Glu Mobile Higher On Monday, Company To Buy Back Stock
Monday, January 11, 2016 - 1:16pm | 185Shares of Glu Mobile Inc. (NASDAQ: GLUU) were trading higher by nearly 2 percent early Monday afternoon after the company's Board of Directors authorized a share buyback program. Glu Mobile, a developer and publisher of games for smartphones and tablets, announced that its Board of...