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Fly News Breaks for July 21, 2016
FB
Jul 21, 2016 | 09:10 EDT
Wedbush expects Facebook's Q2 results to beat expectations ,driven by strong mobile ad momentum. The firm thinks that the company's momentum will be driven by areas of the world aside from the U.s. and Europe. It predicts that the company will be able to increase the monetization of its assets aside from the Facebook website. The firm keeps a $145 price target and Outperform rating on the stock.
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