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Craig-Hallum Sticks to Its Buy Rating for PLAYSTUDIOS (MYPS)
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Craig-Hallum Sticks to Its Buy Rating for PLAYSTUDIOS (MYPS)

In a report released today, Ryan Sigdahl from Craig-Hallum maintained a Buy rating on PLAYSTUDIOS (MYPSResearch Report). The company’s shares closed last Friday at $2.14.

Sigdahl covers the Consumer Cyclical sector, focusing on stocks such as Lithia Motors, Rush Street Interactive, and Solo Brands Inc Class A. According to TipRanks, Sigdahl has an average return of 19.7% and a 52.59% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PLAYSTUDIOS with a $4.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

MYPS market cap is currently $286.8M and has a P/E ratio of -167.19.

Based on the recent corporate insider activity of 11 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.

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