News Sentiment
News Summary
Evercore ISI initiated coverage with an Outperform rating and an $835 price target, forecasting a 25% jump from recent prices. Analysts cited strong momentum in the company's gaming and e-commerce advertising businesses and anticipate a significant quarterly earnings report next month. However, the stock was the worst performer in the S&P 500 during Wednesday's session, sliding despite the new bullish rating, as a broader sell-off in technology stocks overshadowed the positive analyst call.