JPMorgan downgraded Playstudios (MYPS) to Underweight from Neutral without a price target Since JPMorgan relaunched coverage in July 2024, playAWARDS monetization has been pushed back, Tetris titles have underperformed, and Pop Slots! economy changes impacted performance, the analyst tells investors in a research note. The firm expects social casino headwinds to persist in 2025, with Playstudios’ sales trends “likely to get worse before getting better” as the company resets its cost structure and suspends certain titles.
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