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Fly News Breaks for April 26, 2018
FB
Apr 26, 2018 | 05:20 EDT
Mizuho analyst James Lee raised his price target for Facebook to $255 saying Q1 showed showed strong execution despite managing data concerns. Management decided to step up hiring and investments for security on privacy concerns, which is prudent, Lee tells investors in a post-earnings research note. He maintains a Buy rating on Facebook.
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