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Fly News Breaks for July 30, 2015
FB
Jul 30, 2015 | 07:46 EDT
Stifel increased its price target on Facebook after the company reported slightly better than expected Q2 results. The firm thinks that the company is poised to report strong results in 2H15, particularly in Q4, when the firm says that forex pressures and comps will ease. Stifel expects the company to generate long-term sustained growth and it keeps a Buy rating.
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