Facebook (FB) PT Raised to $210 at Citi

Citi raised its price target on Facebook (NASDAQ: FB) to $210.00 (from $200.00) while maintaining a Buy rating.

Analyst Mark may views 2018 estimates as likely conservative and believes the LT impact of video content and ads on earnings will be meaningfully positive. The analyst also sees multiple levers available to management to generate further growth and notes fundamentals remain "quite strong."

You May Also Be Interested In

• Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
• DA Davidson Reiterates Buy Rating on Box, Inc. (BOX) on Secular Tailwinds for Demand
• Advance Auto Parts (AAP) PT Lowered to $43 at Truist Securities