February 12, 2013 at 11:52 AM EST
Facebook: BTIG Cuts to Sell on Slowing User ‘Engagement’
Shares of Facebook (FB) are down 20 cents, or 0.6%, at $28.06, after BTIG Research’s Rich Greenfield cut his rating on the stock from Neutral to Sell, with a $22 price target, writing that expectations for the company have “risen notably” since November of last year, and that his own estimates for revenue and Ebitda [...]
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