Wedbush analyst Michael Pachter maintained an Outperform rating and $275 price target ahead of the company's Q2 results on July 25, telling investors in a research note that he expects top-line results to come in above-consensus. Pachter anticipates that ad pricing growth will again drive results this quarter, following double-digit year-over-year increases in each of the past five quarters, and that revenue growth will remain "robust." Pachter says he believes Facebook will weather the controversy surround its Cambridge Analytica data breach and the implementation of GDPR in Europe, and he sees Facebook making continued investments in delivering advertising for Instagram, WhatsApp and Messenger, which are likely to yield major returns in the coming years. Shares of Facebook are on the Wedbush Investment Committee's Best Idea List.