FB up 20%

citi and BAC 都upgrade FB

MARKET TALK: Citi Upgrades Facebook To Buy

Last update: 10/24/2012 7:04:16 AM

1104 GMT [Dow Jones] Citigroup upgrades Facebook (FB) to buy from neutral, following the release of its 3Q numbers. Says investors for the first time since FB IPO have acceleration of fundamentals with a reasonable valuation. In addition, two of the biggest risks facing Facebook--Zynga dependency and Mobile monetization--appear to have been down-sized. Says lockups loom, "but we believe long-term investors can use weakness around said lockups as a way to leg into a fundamentals positive/valuation reasonable long." Still, cuts its target price to $30 to $35, based on 35x 2014 EPS estimate of $0.86. Shares closed Tuesday at $19.50. ([e-mail]) 

所有跟帖： 

• 下一个高价股？ -一个头两个大- ♀ (0 bytes) () 10/24/2012 postreply 05:34:38

• 下个月解禁，大股东们联手作势？ -lg- ♀ (25 bytes) () 10/24/2012 postreply 06:09:40

• 说实话它的含金量很低 -一个头两个大- ♀ (0 bytes) () 10/24/2012 postreply 06:12:14

• 是垃圾股 -lg- ♀ (21 bytes) () 10/24/2012 postreply 06:14:30