King Digital Upgraded On Game Diversification

By | July 7, 2014

Scalper1 News

King Digital Entertainment (KING) stock was upgraded to overweight from neutral by Piper Jaffray Monday on expectations of positive Q2 earnings and improving game diversification for the Ireland-based developer of the smartphone game “Candy Crush Saga.” The investment house also raised its price target on the stock to 28 from 19. King Digital stock rose as much as 6.4% in the stock market today on the upgrade by Piper Jaffray analyst Michael Scalper1 News

Scalper1 News