Oppenheimer analyst Martin Yang maintained a Buy rating on PLAYSTUDIOS (MYPS – Research Report) today and set a price target of $7.00. The company’s shares closed yesterday at $2.33.
Yang covers the Technology sector, focusing on stocks such as Universal Display, AppLovin, and MagnaChip. According to TipRanks, Yang has an average return of -0.4% and a 40.45% success rate on recommended stocks.
PLAYSTUDIOS has an analyst consensus of Strong Buy, with a price target consensus of $5.38, implying a 130.90% upside from current levels. In a report released today, Stifel Nicolaus also maintained a Buy rating on the stock with a $4.00 price target.
The company has a one-year high of $5.01 and a one-year low of $1.90. Currently, PLAYSTUDIOS has an average volume of 370.8K.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MYPS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
PLAYSTUDIOS (MYPS) Company Description:
Acies Acquisition Corp is a blank check company.
Read More on MYPS:
- PLAYSTUDIOS Investor Presentation Update Planned for Post-May 2024
- MYPS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- PLAYSTUDIOS Approves Stock Grants for Top Executives
- Playstudios price target lowered to $4 from $5 at Craig-Hallum
- PLAYSTUDIOS to Unveil New Investor Presentation Materials
