Facebook (FB) option prices bid up into EPS and ad growth outlook

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Facebook (FB) PT Lowered to $170 at Morgan Stanley

October 31, 2018 7:50 AM EDT

Morgan Stanley analyst Brian Nowak lowered the price target on Facebook (NASDAQ: FB) to $170.00 (from $175.00) while maintaining an Overweight rating following the company's 3Q earnings report.

FB's '19 opexgrowth/capexguide of 40-50%/$18-20bn signal another year of investment for the company. Key... More