By: Benzinga
UPDATE: Evercore Upgrades Zynga, Awaiting New Popular Games
In a report published Thursday, Evercore Partners analyst Ken Sena upgraded Zynga (NASDAQ: ZNGA ) from Underweight to Equal-weight with an unchanged $3 price target. In the report, Sena noted that, “despite continued user declines, the floor protection provided by the company's high cash balance combined with the
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