Wall Street has not been clicking on the like button for Facebook this week, as analysts Carlos Kirjner of Sanford C. Bernstein & Co. and Richard Greenfield of BTIG lowered their ratings for the social network’s stock.
Sanford C. Bernstein & Co.
Mediabistro Event Social Media Marketing Boot Camp, an online event and workshop starting June 6, 2013. Lisa will share a case study on how the hit show uses Twitter to build interest and buzz around upcoming segments. Learn more about our our twelve event speakers and register here.
Facebook’s already-scuffling stock took another hit Monday with the release of a research report by Sanford C. Bernstein & Co., which assigned the social network a target price of $25 per share and an “underperform” rating.