Barclays analyst Mario Lu upgraded Zynga shares this week from “equal weight” to “overweight.” The analyst wrote in a note to investors, “We’ve been on the sidelines for Zynga’s past two acquisitions, but with its announcement to acquire Peak last week, we feel now is still a good time to accumulate shares.” Lu is optimistic … Continue reading “Zynga Shares Fly Higher After Upgrade from Barclays”
Tag: peak games
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Zynga Buys Istanbul-based Peak Games for $1.8 Billion
Zynga announced this week that it is buying Istanbul-based Peak Games, the company behind popular…
June 1, 2020