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Analysts say buy Facebook dip because newsfeed change lowers regulation risk [CNBC]

FACEBOOK (FB)  More Company Research Source: CNBC
Last facebook earnings: 4/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
PDF Analysts believe Facebook's financial results will not be materially impacted by the newsfeed change. Needham's Laura Martin predicts Facebook will be able to raise its ad pricing to negate any impact from users spending less time on the platform. Published 1 Hour Ago CNBC.com SHARES Chris Ratcliffe | Bloomberg | Getty Images Facebook's pivot away from news will pay off in the long run, according to Wall Street analysts. The company announced on Thursday a major change to its newsfeed. CEO Mark Zuckerberg said the internet firm will start prioritizing meaningful social interactions versus relevant content, and that he expects the time people spend on the social network will go down as a result. Facebook shares dropped 4.5 percent Friday following the news. But on Tuesday, Needham reaffirmed its buy rating for the social media giant, predicting strong financial results this year. We are po [Read more]

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