Wall Street Journal Trashes Analysts For Blowing It On Facebook.

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January 1, 2013 - 9:29am

By BusinessInsiderThe Wall Street Journal has a big scare-story about analysts at big banks and their Facebook stock ratings.Despite the fact that Facebook's stock tanked once it hit the public markets, Wall Street analysts have largely issued "buy" recommendations for the stock.This is a problem, says the Journal because:What some see as the relentless "buy, buy, buy" optimism has deepened skepticism about the Wall Street stock-pitching machine. Critics say Facebook is a telling exa

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