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Fly News Breaks for April 28, 2016
FB
Apr 28, 2016 | 07:15 EDT
The Jefferies US Internet Team led by Brian Pitz raised their price target for Facebook to $160 saying the company's mobile ad business drove "another big beat" in Q1. User and engagement levels were at the highest levels ever, the analysts tells investors in a research note. They keep a Buy rating on Facebook.
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