Facebook Downgraded by Analysts and 3 Social Media Stocks Seeing Action
Facebook, Inc. (NASDAQ:FB): Current price $27.58
All of a sudden, the Street is getting nervous again about Facebook. Bernstein Research analyst Carlos Kirjmer cut his rating on the stock and he is not alone. BTIG’s Richard Greenfield also downgraded his rating on the stock from Neutral to Sell, setting a price target of $22.