August 31, 2012 at 12:31 PM EDT
Facebook: BMO, Merrill, Stifel Chop Targets on Lockups, Growth
Shares of Facebook (FB) are down 78 cents, a little over 4%, at $18.31 as the stock comes under some heavy pressure from several analysts who are cutting their price targets, mostly based on concern that the expiration of insider sales lockups, which began this month, but of which the biggest is yet to come. [...]
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