Craig-Hallum analyst Ryan Sigdahl assigned a Buy rating to the stock today. The company’s shares closed yesterday at $4.26.
According to TipRanks, Sigdahl is a 5-star analyst with an average return of 25.4% and a 53.13% success rate. Sigdahl covers the Services sector, focusing on stocks such as DraftKings, Rush Street Interactive, and Light & Wonder.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for PLAYSTUDIOS with a $5.90 average price target, implying a 38.50% upside from current levels. In a report released on May 11, Northland Securities also maintained a Buy rating on the stock with a $5.50 price target.
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MYPS market cap is currently $562.7M and has a P/E ratio of 142.47.
Based on the recent corporate insider activity of 16 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.
Acies Acquisition Corp is a blank check company.
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