Tuesday, June 26, 2012

UPDATED--Facebook: Research Deluge Ahead; Quiet Period Ends Wed. (FB)

From Eric Savitz at Forbes:
Wednesday should be a fascinating day for Facebook shares, as the post-IPO quiet period expires, freeing analysts from the company’s investment banks to pick up research coverage of the social network’s shares.

This was an offering that involved a LOT of underwriters, including lead banks Morgan Stanley, J.P. Morgan, Goldman Sachs, BofA Merrill Lynch, Barclays, Allen & Co., Citigroup, Credit Suisse, Deutsche Bank, RBC and Wells Fargo, with participation from a host of others, including BMO Capital, C.L. King, Cowen, Lazard Capital, Oppenheimer, Pacific Crest, Piper Jaffray, Raymond James, Stifel Nicolaus and William Blair. (Among others.) Expect many to launch coverage first thing Wednesday....MORE
Update: "Follow-up: Facebook Quet Period Research (FB)"