Wednesday, August 22, 2012

Analysts' Actions: AAPL DELL BBY ZNGA FITB

Zynga Inc (NASDAQ:ZNGA) shares climbed 3.70% to $3.07 as both Bloomberg and JMP Securities note the stock is trading at only a slightly higher level than the cash and investments on the company balance sheet. The firm remains cash-flow positive and$57 price target. Company is a regional leader with solid dividend growth. Yelp (YELP) rated new Market Perform at JMP. Valuation call, based on a $19 price target. Zynga (ZNGA) rated new Outperform at JMP. $4.50 price target. Stock appears washed out$57 price target. Company is a regional leader with solid dividend growth. Yelp (YELP) rated new

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