UPDATE: Bank of America Downgrades Zynga, Notes Risk & Lack of Visibility
February 03, 2014 at 12:45 PM EST
In a report published Monday, Bank of America Merrill Lynch analyst Justin Post downgraded Zynga (NASDAQ: ZNGA ) from Neutral to Underperform. Post noted that additional risk to 2014 guidance, execution is more difficult for turnover and acquisition integration due to a lack of product plan and the hard to