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Facebook Analyst Coverage: Meh!

Posted By Barry Ritholtz On June 27, 2012 @ 9:42 am In Analysts,IPOs,Valuation | Comments Disabled

6 Buys, 3 Neutrals
Average Price Target = $39

BofA/Merrill – Neutral – $38 PT
Goldman Sachs – Buy – $42 PT
Oppenheimer – Outperform – $41 PT
JPMorgan – Overweight – $45 PT
Piper Jaffray – Overweight – $41 PT
Wells Fargo – Outperform – $37-$40 Range
Credit Suisse – Neutral – $34 PT
Citigroup – Neutral – $35 PT
Morgan Stanley – Overweight – $38

Hat tip John Melloy


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