Wedbush analyst Michael Pachter maintained a Buy rating on Zynga (ZNGA) today and set a price target of $7.50. The company’s shares opened today at $6.13, close to its 52-week high of $6.31.
According to TipRanks.com, Pachter is a 1-star analyst with an average return of -0.2% and a 50.2% success rate. Pachter covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, National Cinemedia, and AMC Entertainment.
Currently, the analyst consensus on Zynga is a Strong Buy with an average price target of $6.88.
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The company has a one-year high of $6.31 and a one-year low of $3.32. Currently, Zynga has an average volume of 15.66M.
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Zynga, Inc. provides social game services. It develops, markets and operates social games as live services played on mobile platforms such as Apple’s iOS operating system and Google’s Android operating system, and social networking sites such as Facebook.
