The analyst said nothing that everyone didn't already know. Of course growth will slow in the future -- but only an idiot would not have considered this.
Sad thing is -- downgrades (not matter how mindless) will often move a stock temporarily -- and Janney clients (institutions first) get this information before others -- giving them an advantage. The advantage is NOT the information -- but the fact that a downgrade is going to be publicized soon.
The CNBC dopes fan the flames by publicizing the downgrade after the fact. Shame on them -- they make a big deal out of high speed trading -- while this analyst game goes on all the time and has far greater impact on the average investor.
The only way that average investor to cope with this is to BUY after a downgrade. If you sell -- you are just falling into the trap.
I doubt you'll see lower prices on this stock. Fb has changed and so has it's users. Have you noticed how everyone posts or reposts stories. They are killing it using metadata based ads. Sometimes I click the ad just as a link to a previous closed page. We all do that. That's money in the bank for FB!
They downgraded fb but kept their price target @$82.50. They must be drinking the same thing you are.
Sentiment: Strong Buy
Too many Puts to pay out below 74.50? All about Options - run it up huge sell calls, downgrade it and burn em before they know what hit em! Next will come upgrades by more reputable firms! Wonder what their stake was to make the down grade - written open Calls or just a cash pay off!
If you are in red now, your first loss is your best loss... many more losses may come... who knows? this may be the first of the downgrades... no one knows... only lazy late-comers buy a paper after a rally from 18 to 75 over multi-month, at these bubble PE levels! Think about it! Be nimble... be smart ... prosper all grand kids!
Sentiment: Strong Sell
Shame on The analyst who was probably looking at a split adjusted chart. GOOG stalled for a little over a year when it was a little over 470. It also stalled for several years after it hit close to 800.
These guys are numbers people and should not be making comparative chart analysis which is not valid. Also their numbers should reflect an understanding that GOOG had a stock split.
It's just down under 2%
Stop being a drama queen dude
What's weird is they downgraded fb but they didn't reduce their target price of $82.50 which really makes sense, ("right"?). What a lot of bull!!!!!!!!!
Sentiment: Strong Buy
I said this many times yesterday - many of you remember me. But did you listen?
Now you will get your head handed to you!