Facebook Expectations Viewed as Lofty and 4 Stock Analyses to Note
Facebook, Inc. (NASDAQ:FB): Current Price: $31.60
According to Deutsche Bank, its survey of buyside estimates show that revenue expectations have surpassed $1.6 billion for Facebook’s Q4, which is seen by the firm as lofty. Deutsche is convinced that investors could possibly get a chance to buy shares of Facebook lower after the Q4 results if revenue missed the heightened expectations. The firm gives the stock a Buy rating with a $40 price target.
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