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Playstudios upgraded to Neutral, coverage terminated at BofA
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Playstudios upgraded to Neutral, coverage terminated at BofA

BofA analyst Omar Dessouky upgraded Playstudios to Neutral from Underperform with a price target of $4.50, up from $3.50, citing an improved outlook for mobile gaming in-app purchases in 2023, but simultaneously terminated coverage of the stock due to a reallocation of resources.

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