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Mizuho Securities Reiterates Buy Rating on Facebook (FB) Following Investor Call

October 23, 2019 7:24 AM EDT

Mizuho Securities analyst James Lee reiterated a Buy rating and $247.00 price target on Facebook (NASDAQ: FB) following an investor call with a leading ad agency on FBs 3Q19 spending trends. The agencys SSS shows FB spending increased 32% YoY vs 37% 2Q19 due to agency-specific... More