Zynga Gets RAPID Traffic Boost and 3 More Stock Analyst Alerts
Zynga (NASDAQ:ZNGA): According to global traffic data for May 12 released this morning by comScore, Morgan Stanley says that Zynga’s unique visitors expanded 115% month/month to 20.1M. Shares are rated overweight, and Zynga was spoken of positively at BTIG.
Don’t Miss: Is This a MASTERFUL Ad Move By Facebook?
MIPS Technologies Inc. (NASDAQ:MIPS): Following Intel’s (NASDAQ:INTC) agreement to purchase patents from InterDigital (NASDAQ:IDCC) for around $375M, Capstone thinks that the arrangement shows MIPS’ portfolio may be sold for around $125M (or $2.30 per share). Capstone believes MIPS might monetize its IP portfolio and look to private or release its remaining business in the coming six to nine months. Capstone holds to an $8 target and a Buy rating.
Alcatel-Lucent (NYSE:ALU), according to Deutsche Bank, has a positive read through thanks to InterDigital’s patent sale. Deutsche Bank points out that Alcatel has indicated RPX as a strategic partner to market its IP/patent portfolio of 29,000 present patents.
Wynn Resorts Ltd. (NASDAQ:WYNN): KeyBanc reduced its price target and estimates after slower than hoped expansion in Macau and market share loss to novel competition on the Cotai strip. Shares are still Buy rated.
Don’t Miss: BOOM! Apple and Google are BLOWING UP.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.