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Stifel Remains Sidelined on Facebook (FB) Ahead of 1Q Release

April 23, 2018 8:27 AM EDT

Stifel reiterated a Hold rating and $168.00 price target on Facebook (NASDAQ: FB) ahead of the company's 1Q earnings report. Analyst Scott Devitt forecasts 1Q revenue to increase +42% y/y to ~$11.43B (versus the Streets estimate of $11.41B), with ad revenue increasing +43%... More