it’s almost comical when you think how much some of these clowns on wall street get paid for such horrible analysis. as FB teeters on breaking down into the teens, here’s a recent list of the most prominent analysts’ calls on the stock, along with yours truly’s inserted down below. also keep in mind that my $15 price target was originally made on may 21st, just one trading session after the IPO date, while the stock was still around the $35 level (and well after declaring the IPO would face-plant/fail miserably). with that being said, i am re-reiterating my $15 price target for 2012 and again, i believe that the FB debacle will have lasting negative repercussions on overall market sentiment and price performance.
