Why Is Mobile Games Giant Playtika Soaring On Wednesday?
1. BofA raised PLTK's rating from Underperform to Buy, boosting price target to $6.50. 2. PLTK boasts 30% EBITDA margins, indicating high industry profitability. 3. Company displays strong financials with 21% FCF yield and 9% dividend yield. 4. Despite recent stock drop, SuperPlay shows significant growth potential. 5. Shareholder activism risks dividend sustainability, as largest shareholder holds 63%.