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Mobile video game stock Zynga could jump 40% from here, BMO says

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A Zynga logo, the U.S. social game developer running social video game services.
Pavlo Gonchar | LightRocket | Getty Images

The increased interest in mobile games during the pandemic won't fully recede as the economy reopens, making industry leader Zynga look like an attractive buy, according to BMO Capital Markets.

The firm initiated coverage of Zynga on Monday with an outperform rating. Some of the company's top franchises include Words with Friends and Empires & puzzles.

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