A top tech analyst is talking to the social networking site Facebook Management

According to foreign media reports, a top technology analyst, after talking to Facebook management at the social networking site, said Facebook had no plans to dabble in the web search business.

"Based on the discussions with Facebook management over the past year," said Mark Mahaney, an analyst at Citigroup, Mahaney institutional Investor. We don't think Facebook plans to dabble in web search. "We also believe that, based on Facebook's current integration of Bing search engines, the impact of integrating social signals into overall search results is extremely limited," Mahaney said. ”

Microsoft's Bing and Facebook began to strengthen their partnerships about a year ago, as search engines began to join friends ' likes ' (likes). But Mahaney said in an investor report, "This is only a function of the Bing search engine, or it can only play an inherently limited role." In any case, it will not pose a threat to Google. ”

The analyst then raised Google's stock rating to "buy" in investor reports because of the weakening threat from Facebook and the slowing and high-profile valuations of operating expenses. Google's current dynamic P/E ratio is only 12 times times lower than the mahaney rate of earnings per share in 2011 and 2012, 25% and 22%.

Mahaney downgraded Google's stock rating this April because of concerns about profit margins and antitrust investigations by the European Union and the US Justice Department. Mahaney gave Google shares a target of $680 for the next 12 months in investor reports, meaning Google's share price still has a 21% increase.

However, Mahaney said in the report, Facebook will become Google's display in the field of advertising a strong competitor.