Forbes -
7 May 2015 20:08
Social gaming company Zynga's share price has slumped by about 40% over the past year owing to various challenges in its business model. Though our $2.30 price estimate for the company represents near-5% downside to the market, we believe there are certain plausible scenarios that can move the stock considerably over the coming years. Specifically, the possibility of more-than-expected recovery in player base and continued increase in expenses are plausible scenarios that could influence stock p...
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