iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Facebook: Is Stock Research Rigged?

ZeroHedge.com shows that stock analysts–including analysts whose firms made handsome fees for participating in Facebook’s May 17th IPO–had recent average price targets of $37.74 for Facebook. This is just below the IPO price. Only one of 38 analysts had a sell recommendation on Facebook.

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