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Fly News Breaks for April 28, 2016
FB
Apr 28, 2016 | 06:08 EDT
Piper Jaffray analyst Gene Munster says investors will view Facebook's Q1 results positively given the pre-quarter revenue concerns stemming from third party data. The Facebook investment thesis remains solid with a strong core business, ramping Instagram and multiple optional investments, Munster tells investors in a research note. He reiterates an Overweight rating on Facebook with a $170 price target.
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