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Fly News Breaks for April 28, 2016
FB
Apr 28, 2016 | 06:43 EDT
Deutsche Bank analyst Ross Sandler raised his price target for Facebook to $160 while apologizing for missing the call into the print. In a research note titled "We Got It Wrong, Strong Results In 1Q," Sandler points out Facebook reported strong ad growth across verticals and geographies. He recommends investors add to positions and keeps a Buy rating on the shares.
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