Zynga (ZNGA) Acquires Gram Games for $250 Million Plus Earn Out
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Zynga (ZNGA) PT Raised to $4 at Macquarie; Positive on Gram Games Deal
June 1, 2018 6:31 AM EDTMacquarie raised its price target on Zynga (NASDAQ: ZNGA) to $4.00 (from $3.85) while maintaining a Neutral rating.
Analyst Ben Schachter highlighted:
We view the acquisition of Gram Games positively; it lets ZNGA leverage its core strengths around live services,... More