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First come positive earnings, then come the upgrades. Already on a tear following its report...

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.
Comments (1)
  • gwynfryn
    , contributor
    Comments (3827) | Send Message
     
    "reasonable" at half the price, maybe!
    24 Oct 2012, 07:48 AM Reply Like
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