Bernstein Downgrades Facebook (FB) to Market Perform
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
Pivotal Research Defends Facebook (FB) After Downgrades
February 12, 2013 5:47 PM ESTPivotal Research defended Facebook (NASDAQ: FB) following multiple downgrades, on concerns about slowing ad growth among other items. The firm contradict these perspectives.
Analyst Brian Wieser notes:We believe that consumption is only indirectly related to advertising budget allocations (even if the data on consumption were accurate and relied upon by... More
UPDATE: BTIG Downgrades Facebook (FB) to Sell
February 12, 2013 11:21 AM EST(Updated - February 12, 2013 11:29 AM EST)
Intra-day, BTIG downgraded Facebook (NASDAQ: FB) from Neutral to Sell with a price target of $22.00.
The firm said since their upgrade in late November 2012, expectations for Facebook have risen notably.
The firm is raising revenue... More
