Facebook Stock

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Facebook: Spam is much less valuable for social data

"Facebook now looks more like" Spambook (Junk book) and its ads are less than investors expect, said Richard Greenfield, an analyst at BTIG, Greenfield, March 27, Beijing time. BTIG the Facebook stock as a "sell" with a target price of 22 dollars. While Facebook's share price is close to BTIG's target price, Greenfield still thinks it will slide, saying: "The continued downside of Facebook's share price will certainly be for shorting investors ...

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