Facebook: Argus Starts at Hold, Support in High $20s
Posted on June 21, 2012 at 12:03 PM EDT
As I mentioned earlier this morning, Joe Bonner of Argus Research today becomes the most recent analyst to express concern about Facebook‘s (FB) ability to monetize activity that happens on its property through mobile devices, starting coverage of the stock with a Hold rating, writing that “Management has begun to address questions regarding the efficacy [...]
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