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Fly News Breaks for April 28, 2016
FB
Apr 28, 2016 | 07:53 EDT
Baird said Facebook remains a top pick following its better than expected Q1 results. The firm noted its revenue outperformance was broad based and concerns over a slowdown were overblown. Baird reiterated its Outperform rating and raised its price target to $135 from $120 on Facebook shares.
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