Facebook Inc (NASDAQ:FB) is still the subject of intense debate as the company’s IPO continues to put a dampener on the market. Needless to say, most of the recommendations on the company’s performance have been negative if not downright morbid. According to one research firm today Facebook will outperform. The report sets a price target of $37 for the company. A price target of $37 and an outperform rating seem contradictory as the firm’s IPO was at $38. The firm is now far below that however trading today at around 26.39. A return to close to IPO levels of activity…
Here’s How Facebook Inc (FB) Will Succeed
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.