Facebook (FB) Shares Slide, Stifel Downgrades to Hold

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Keybanc Remains a Buyer of Facebook (FB) on Weakness, 'Ultimate Impact of News Feed Changes Unclear'

January 12, 2018 11:15 AM EST

KeyBanc maintains Overweight on Facebook (NASDAQ: FB) price target of $220.00.

Analyst Andy Hargreaves says the equity remains inexpensive relative to the strong growth prospects and would be a buyer on today's selloff. The analyst further comments "We believe Facebook retains an information... More