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Facebook (FB +0.8%), which finished higher on an ugly day for tech, receives a bullish coverage...

  • Thursday, June 21, 2012, 4:52 PM ET
    Facebook (FB +0.8%), which finished higher on an ugly day for tech, receives a bullish coverage launch from Nomura's Brian Nowak after the close. Nowak is optimistic Facebook's reach, heavy user engagement, and user data will drive further growth in its display ad business, which accounts for 85% of revenue and has been beset by concerns about slowing growth. Argus and Evercore started coverage this week with Hold ratings.
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This news story has 4 comments:

  • Now a day, unknown analysts grow out of a hole like weeds. Who is Brian Nowak? and Nomura? What is their track records and credibility? But, why not. Buy the stock the day before. Upgrade the stock the next day. Stock goes up, then sell. Make some money and make a name for themselves. It sounds like the best of both world for these so-called analysts.
    22 Jun 2012, 01:04 AM Reply Like
  • Nomura is ranked #1 for Japanese equity research by the Nikkei and Institutional Investor, #1 in Institutional Investor's first ever All-China research rankings and #2 in Institutional Investor's All-Asia and All-Europe rankings. They are presently working on building a footprint into the US Equities research world as well, which is where Brian Nowak comes in as one of their analysts. I guess we'll see how he does.
    22 Jun 2012, 10:06 AM Reply Like
  • And yes, I simply googled that information off the Web. Not a hard company to find.
    22 Jun 2012, 10:07 AM Reply Like
  • And note that more entities will have access to our "user data."
    But wait, it was already out there. What do or should we care about sees and reads what? Just be careful about what you post is all that I have to add.
    22 Jun 2012, 07:52 PM Reply Like
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