PLAYSTUDIOS, Inc. Class A Common Stock (MYPS)
PLAYSTUDIOS, Inc. Class A (MYPS) is a social casino and mobile gaming company that develops and operates free-to-play casino-style games. The company is known for creating engaging gaming experiences with a focus on player loyalty and rewards programs, integrating real-world rewards into its gaming platforms. PLAYSTUDIOS aims to combine entertainment with consumer engagement through its innovative gameplay and partnerships.
Company News
Four tribal nations gathered at the California State Capitol to protest Assembly Bill 831, which would limit economic opportunities for less wealthy tribes by banning online social gaming sweepstakes and potentially eliminating over $1 billion in economic activity.
PLAYSTUDIOS (MYPS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Analysts' ratings for PLAYSTUDIOS (NASDAQ:MYPS) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 2 0 0 0 0 3M Ago 1 0 0 0 0 Analysts have recently evaluated PLAYSTUDIOS and provided 12-month price targets. The average target is $4.5, accompanied by a high estimate of $5.00 and a low estimate of $4.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 18.18%. Understanding Analyst Ratings: A Comprehensive Breakdown The perception of PLAYSTUDIOS by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Mike Hickey Benchmark Maintains Buy $5.00 - Ryan Sigdahl Craig-Hallum Lowers Buy $4.00 $5.00 Mike Hickey Benchmark Maintains Buy $5.00 - David Pang Stifel Lowers Buy $4.00 $6.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PLAYSTUDIOS. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Analysts assign ...Full story available on Benzinga.com
AppLovin and Unity Software shares rallied Thursday after both app-monetization companies turned in better-than-expected results, but analysts were cautious.
Penny stocks to buy according to analysts. The post 4 Penny Stocks To Buy According To Analysts, Targets Up To 1,560% appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.