Cramer said when Morgan Stanley (MS), the company that brought Facebook public, gives the stock a $38 price target, investors need to take notice, especially since $38 was Facebook's IPO price. And while other firms have given Facebook targets between $43 and $45 a share, even they have 12- to 18-month timelines for those targets.
Then there's Citigroup (C), which rated Facebook a neutral with a $35 price target, citing the huge number of shares that will be exiting their lockup period soon.
Cramer said for him, Facebook remains a stock that's still expensive, with no catalysts to take it higher. He said Facebook is not only "hard to love," it's also "hard to like."
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