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Facebook (FB) PT Raised to $180 at Credit Suisse Ahead of 2Q Earnings; 'We Increase Mobile Newsfeed & App Install Estimates'

July 10, 2017 8:35 AM EDT

Credit Suisse raised its price target on Facebook (NASDAQ: FB) to $180.00 (from $175.00) while maintaining a Outperform rating, following a preview of the company's second quarter earnings announcement.

Analyst Stephen Hu notes a positive outlook heading into the second quarter earnings announcement citing... More