• Sena's upgrade comes ahead of Zynga's Unleased event on June 26th. The analyst sees the company unveiling some new titles at the event. Sena also cited a better valuation recently. Zynga shares last traded at $5.08, up 2 percent from Tuesday's closing price.
• Evercore Partners' Ken Sena upgraded shares of Zynga (NASDAQ: ZNGA) from Underweight to Equal Weight Wednesday morning. The analyst's price target was lowered from $7 to $5. Sena's upgrade comes ahead of Zynga's Unleased event on June 26th. The analyst sees the company unveiling some new titles at the event. Sena also cited a better valuation recently.