Wedbush analyst Michael Pachter maintained a Buy rating on Zynga (ZNGA) today and set a price target of $9. The company’s shares closed yesterday at $6.38, close to its 52-week high of $6.55.
According to TipRanks.com, Pachter is a 3-star analyst with an average return of 1.5% and a 55.0% success rate. Pachter covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, National Cinemedia, and AMC Entertainment.
Zynga has an analyst consensus of Strong Buy, with a price target consensus of $7.45.
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The company has a one-year high of $6.55 and a one-year low of $3.32. Currently, Zynga has an average volume of 19.96M.
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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.
