Michael NG

China-owned mobile game publisher Playtika Holding Corp (NASDAQ: PLTK) recently went public by offering 69.5 million shares at $27 each.  The Platytika Analysts: Following the expiry of the IPO quiet period, Goldman Sachs analyst Michael Ng initiated coverage of Playtika shares with a Buy...

Glu Mobile Inc. (NASDAQ: GLUU) has new game launches scheduled for 2021, which could accelerate bookings growth, and margins are likely to expand as its portfolio scales, according to Goldman Sachs. The Glu Mobile Analyst: Michael Ng initiated coverage of Glu Mobile with a Buy rating and a 12-month...

Groupon Inc (NASDAQ: GRPN) is down nearly 20% year to date, and Goldman Sachs sees no near-term relief. The Rating Analysts Michael Ng and Alberto Him downgraded Groupon to Sell and cut their price target from $3.20 to $2.40. The Thesis Over the last few years, Groupon pumped significant investment...

Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) have fallen more than 10 percent in May and investors may want to consider buying the dip, according to Goldman Sachs. The Analyst Goldman Sachs analyst Michael Ng upgraded Activision Blizzard from Neutral to Buy with a 12-month price target...

Digital gamers spent more than $8 billion in February, with Electronic Arts Inc. (NASDAQ: EA) reaping much of the spending on console games. The number was also boosted by a jump in spending on mobile games. New data from Nielsen’s SuperData Research found that game spending growth across all...

Projections of limited upside led Goldman Sachs to downgrade toymaker Funko Inc (NASDAQ: FNKO) Monday.  The Analyst Goldman Sachs analyst Michael Ng downgraded Funko from Buy to Neutral with a 12-month price target lifted from $14 to $17. The Thesis In November 2017, Funko stock was added...

Funko Inc (NASDAQ: FNKO)'s IPO debut is considered to be one of the worst one-day performances in 17 years. Here's what some of Wall Street's top analysts are saying about the stock. Bank Of America: Impressive Growth Bank of America's Rafe Jadrosich initiated coverage of Funko...

Notwithstanding Funko Inc (NASDAQ: FNKO)'s poor performance as a public company since its Nov. 2 listing, analysts are still upbeat about this pop culture consumer products company. The Analyst Goldman Sachs analyst Michael Ng initiated coverage of Funko with a Buy rating and a $16...

Shares of Hasbro, Inc. (NASDAQ: HAS) hit a new all-time high of $98.76 on Friday while rival Mattel, Inc. (NASDAQ: MAT) has been trading at its lowest levels in a year after a poor earnings report. Analysts at Goldman Sachs initiated coverage of Hasbro with a Buy rating and $110 price target....