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Bank Of America: Zynga's Outlook Keeps Sentiments In Check Despite Earnings Beat
Thursday, October 31, 2019 - 1:34pm | 275Although Zynga Inc (NASDAQ: ZNGA) reported third-quarter results ahead of expectations, the 2020 outlook reflected lower margins, which kept the stock’s uptrend in check, according to Bank of America. The Analyst BofA’s Ryan Gee maintained a Neutral rating on Zynga, reducing the price...
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Analysts Like Activision Blizzard's 2019 Performance, 2020 Gameplan
Friday, August 9, 2019 - 2:16pm | 574Analysts were pleased with Activision Blizzard, Inc. (NASDAQ: ATVI)’s second-quarter earnings beat and largely unphased by lower projections for third-quarter revenue, continuing to see the video game maker’s 2019 as a rebuilding and investment year ahead of a more exciting future....
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Bank Of America Stays On EA's Sidelines, Still Prefers Peers
Wednesday, July 31, 2019 - 4:35pm | 357Electronic Arts Inc. (NASDAQ: EA) turned in above-consensus revenue and saw its stock rise on Wednesday, but Bank of America says its fiscal year outlook remains unchanged and is staying Neutral. The Analyst Bank of America’s Ryan Gee reiterated a Neutral rating on EA, raising the price...
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Analysts Weigh In On Zynga After Q3 Earnings Miss
Thursday, November 1, 2018 - 11:51am | 533Zynga Inc (NASDAQ: ZNGA) reported a third-quarter earnings miss Wednesday. The mobile game developer reported earnings of 1 cent per share, missing estimates by 3 cents. Sales came in at $233.2 million, missing estimates by $16.23 million. Wedbush Sees 'Compelling Investment' Wedbush...
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Barclays: Activision Blizzard Is The Next Key Battle Royale Player
Monday, October 15, 2018 - 11:01am | 479Activision Blizzard, Inc. (NASDAQ: ATVI)’s "Call of Duty: Black Ops 4" has become the company's biggest digital launch of all time since its Friday release. Barclays raised estimates on the video game company on the basis of battle royale buzz and ramping product announcements....
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Barclays Names 4 Reasons To Be Cautious On Zynga
Thursday, August 9, 2018 - 11:25am | 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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Barclays Likes EA, Take-Two Among Gamer Stocks
Wednesday, October 4, 2017 - 1:50pm | 523Analysts at Barclays initiated coverage of a handful of video game makers with mostly bullish ratings. Ryan Gee started coverage of Electronic Arts Inc. (NYSE: EA) with an Overweight rating and $129 price target and Take Two Interactive Software Inc (NASDAQ: TTWO) with an Overweight rating and $115...