More on BTIG's downgrade of Facebook (FB -1.3%): Analyst Richard Greenfield argues Facebook's...

|About: Facebook (FB)|By:, SA News Editor
More on BTIG's downgrade of Facebook (FB -1.3%): Analyst Richard Greenfield argues Facebook's high mobile ad click rates are partly the result of oversized ads (leading to accidental clicks) and deceptive marketing practices that are hurting the user experience. He cites a Wal-Mart ad that gets users to "like" the company's page while giving the impression they're liking a picture as an example. Greenfield now forecasts 2013 revenue growth of just 14%, well below a 28.2% consensus.