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King Digital Entertainment (KING) received multiple buy ratings on Monday as a slew of analysts initiated coverage of the mobile game company. The coverage comes as King Digital, maker of the “Candy Crush Saga” game, exited its quiet period following its initial public offering on March 26. The company is scheduled to report Q1 earnings before the market open on Wednesday. JPMorgan, a lead underwriter for King’s IPO, issued an overweight rating Scalper1 News
Scalper1 News