Facebook (FB) IV at lower end of five-week range into EPS, ad outlook and new project outlook

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Facebook (FB) PT Raised to $245 at Mizuho Securities Following COVID-19 Impact

April 30, 2020 7:07 AM EDT

Mizuho Securities analyst James Lee raised the price target on Facebook (NASDAQ: FB) to $245.00 (from $220.00) while maintaining a Buy rating. The COVID-19 impact was clearly negative for advertising, but trends in April are much better, at flat YoY, than agency checks at mid-teens... More