Zynga Inc Medium And Long Term “Constructive”

Zynga Inc Medium And Long Term “Constructive”

Zynga Inc (NASDAQ:ZNGA) is making a substantial effort to rebound from its current lows by executing its turnaround strategy on all fronts. UBS analysts Eric J. Sheridan, Vishal J. Patel and Timothy E. Chiodo, in a report dated June 10th, “remain constructive over both the medium & longer term.” The conclusion is based on a dinner conversation at E3 with Zynga CFO David Lee.

Booking guidance achievable

During the first quarter earnings report release, Zynga Inc (NASDAQ:ZNGA) anticipated second quarter bookings to be somewhere between $175-$195 million and analysts believe the form can comfortably achieve the target. Poker has achieved an average daily rank of #22 among the top grossing U.S. iPhone apps compared to 21st in the first quarter. On Android, the game has a ranking of 31 compared to 35 in the first quarter, indicating a stable position quarter over quarter.

Massif Capital’s Top Short Bets In The Real Asset Space [Exclisuve]

Screenshot 2022 08 10 18.57.51 1Since its founding by Will Thomson and Chip Russell in June 2016, the Massif Capital Real Asset Strategy has outperformed all of its real asset benchmarks. Since its inception, the long/short equity fund has returned 9% per annu