Baird cuts its stock rating on Zynga (ZNGA) to Neutral from Outperform on valuation following...

|About: Zynga (ZNGA)|By:, SA News Editor

Baird cuts its stock rating on Zynga (ZNGA) to Neutral from Outperform on valuation following solid Q4 results: "While we maintain a positive bias, a second-half weighted release schedule, some potential issues with unique payer trends on Facebook, and overhangs such as the lockup period could limit appreciation in the near term." ZNGA -6.3% premarket.