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Fly News Breaks for July 27, 2017
FB
Jul 27, 2017 | 07:16 EDT
Deutsche Bank analyst Lloyd Walmsley raised his price target for Facebook shares to $215 saying the company's Q2 results will most likely give investors everything they could have asked for. CEO Mark Zuckerberg's Messenger comments improve the monetization narrative and will likely drive the next leg up in the shares, Walmsley tells investors in a research note. He keeps a Buy rating on Facebook.
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