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Symbol	Last	Change
ZNGA	$3.40	-1.45%

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Zynga shares up; analysts call sell-off overdone

6/13/12 9:52 AM ET (MarketWatch)

SAN FRANCISCO (MarketWatch) - Zynga Inc.'s heavily battered stock drew fresh support from a handful of Wall Street analysts on Wednesday morning, giving a lift to the stock in early trades. Evercore Partners upgraded Zynga to an equal-weight rating, removing its sell call on the maker of popular Facebook games such as "FarmVille" and "CityVille." J.P. Morgan and Lazard Capital reiterated their bullish buy ratings on the stock, though J.P. Morgan trimmed its price target on the shares to $11 from $14. Lazard called the recent sell-off on the stock "overdone." Zynga shares were last trading up 3.6% to $5.17.