reason for drop
Downgraded to $27.00 twelve month target
Facebook: Bernstein Ups To Outperform; Bullish On Mobile
Thats a helluva upgrade if the stock dropped through important support on that news ;)
After the close, Bernstein downgraded Facebook (NASDAQ: FB) from Outperform to Market Perform with a price target of $27.00 (from $33.00).
What system do you use to get your upgrade/downgrade infor?
Sentiment: Strong Sell