WhatsApp: Privacy Standards Won't Change Following Facebook (FB) Merger
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UPDATE: Argus Cuts Facebook (FB) to Hold on Valuation and WhatsApp Risk
March 17, 2014 7:28 AM EDT(Updated - March 17, 2014 9:23 AM EDT)
Argus downgraded Facebook (NASDAQ: FB) from Buy to Hold and removed its price target (prior $73). The change is tied to a strong run-up recently. In addition to valuation, analyst Joseph Bonner discussed concerns related to Facebook's WhatsApp acquisition.
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