First come positive earnings, then come the upgrades. Already on a tear following its report last night, Facebook (FB) gets an additional push from upgrades at Citi and BAML. "What investors have for the first time since the IPO is fundamentals acceleration WITH a reasonable valuation," writes Citi's Mark Mahaney. Shares +12.9% premarket.
First come positive earnings, then come the upgrades. Already on a tear following its report...
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