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Fly News Breaks for July 27, 2017
FB
Jul 27, 2017 | 06:01 EDT
Piper Jaffray analyst Samuel Kemp raised his price target for Facebook to $195 saying that while Q2 impression growth came in below his expectations, the positive tailwind from pricing suggests that the second half outlook is achievable. The analyst remains a long-term bull on the shares and keeps an Overweight rating on Facebook. He continues to believe, however, that there is minimal second half upside to revenue.
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