UPDATE: Bank of America Raises PO to $3.90 on Zynga on Eventual Real-Money Gaming Revenue
Posted on March 07, 2013 at 10:04 AM EST
Bank of America maintained Zynga (NASDAQ: ZNGA ) with a Buy rating and raised the price target from $3.60 to $3.90. Bank of America commented, "While U.S. real-money gaming revenues are likely still 18+ months away, the opportunity is getting increased visibility in 2013 with recent legalization in Nevada and