By: Benzinga
UPDATE: Jefferies Raises PT on Zynga on Solid Beat
In a report published Wednesday, Jefferies reiterated its Hold rating on Zynga (NASDAQ: ZNGA ), and slightly raised its price target from $2.50 to $3.00. Jefferies noted, “It was a nice beat but we reaffirm our Hold as we remain on the sidelines until we see evidence of real momentum.
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