Here's Why Some Are Saying Facebook's Stock Has Bottomed
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Facebook Inc. said it will take years to resolve its security woes. But for investors, recent analyst commentary and market indicators suggest the worst may already be over.
Deutsche Bank is “cautiously optimistic the bottom is in,” analyst Lloyd Walmsley wrote in a note to clients. “A year from now, if not sooner, this episode will have been a uniquely compelling buying opportunity in the mega cap Internet space.”