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Why Analyst Issued a 'Sell' Rating on Facebook

Wed 30 May 12 | 08:33 AM ET
Brian Wieser, Pivotal Research Group analyst, says he's not surprised at the sharp drop in Facebook shares since its IPO but remains optimistic on the company over the long term and has a price target of $30 on the stock.

Topics:

IPOs  | Technology  | Internet  | Mark Zuckerberg
 
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