Zynga's CEO is "Taking Charge", Morgan Stanley Reports Optimism on Turnaround

In a report published Friday, Morgan Stanley analyst Scott Devitt reiterated an Underweight rating on Zynga (NASDAQ: ZNGA ), noting optimism on a business turnaround following fourth quarter results. Zynga reported fourth quarter bookings at $147 million ahead of the Street's $141 million. EBITDA and non-GAAP EPS came in at