From Yahoo Finance: 2025-05-24 03:57:00

Craig-Hallum upgraded PLAYSTUDIOS, Inc. (MYPS) to “Buy” from “Hold,” with a new price objective of $3, up from $2. The company is covertly testing its sweepstakes casino “The Win Zone” with selected players, showing optimism for future prospects. PLAYSTUDIOS is seen as a strong competitor with an established player database and progress in various initiatives in Q1 2025.

PLAYSTUDIOS is focusing on strengthening its sweepstakes promotional capabilities, set to launch externally in limited release in Q2 2025 with plans to scale through H2 2025. The company develops and publishes free-to-play casual games for mobile and social platforms. While potential for growth is recognized, there are other AI stocks with greater promise for higher returns and limited downside risk.



Read more at Yahoo Finance: Craig-Hallum Upgrades PLAYSTUDIOS (MYPS), Raises Price Target