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Fly News Breaks for July 27, 2017
FB
Jul 27, 2017 | 07:44 EDT
Canaccord analyst Michael Graham raised his price target on Facebook to $190 from $175 following solid Q2 results. The analyst expects further gains for the year to be less dramatic than year-t-date but he continues to view Facebook as a multi-faceted growth story, with reasonable valuation and margin progress all adding to a strong outlook for the stock. Graham reiterated his Buy rating on Facebook shares.
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