Zynga (ZNGA) Stock: $9.86 Price Target And Outperform Rating

By Amit Chowdhry ● May 13, 2022
  • The shares of Zynga (NASDAQ: ZNGA) have received a $9.86 price target from BMO Capital. These are the details.

The shares of Zynga (NASDAQ: ZNGA) have received a $9.86 price target from BMO Capital. And BMO Capital analyst Gerrick Johnson is maintaining an “Outperform” rating on the shares.

Johnson adjusted the rating following Zynga’s first-quarter results. Zynga reported a Q1 EPS of ($0.02), which was $0.11 lower than analyst estimates of $0.09. And the revenue for the quarter was $691 million compared to the consensus estimate of $745.22 million.

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