Friday, August 31, 2012

(FB) Facebook price target lowered to $15 from $25 at BMO Capital

(FB)  After conducting checks, BMO Capital reports that many advertisers appear to be reducing the amount of money they're spending on Facebook ads. The firm reduced its estimates for Facebook and maintains an Underperform rating on the stock.

 Trades at a $18.70 new ALL TIME LOW pre market thru the $18.75 level

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