Janney Capital Downgrades Facebook To Neutral, Shares Fall

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Analysts at Janney Capital downgraded Facebook
FB
from Buy to Neutral. The target price for Facebook is set to $82.50. Facebook shares have jumped 87.32% over the past 52 weeks, while the S&P 500 index has gained 22.66% in the same period. Facebook's shares dropped 0.57% to $75.53 in pre-market trading.
Posted In: DowngradesAnalyst RatingsJanney Capital
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