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Facebook (FB) PT Raised to $265 at BofA/Merrill Lynch on 4Q BEat; 'Pricing Tailwinds Accelerated... Instagram Momentum Remains Solid'
February 1, 2018 6:47 AM ESTBofA/Merrill Lynch raised its price target on Facebook (NASDAQ: FB) to $265.00 (from $230.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.
Analyst Justin Post notes a positive outlook on the shares, as FB reported fourth quarter earnings per share and... More

