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Facebook Inc (FB) Receives Buy Rating from Bank of America

Various different values research experts additionally as of late remarked on the stock. Saying Securities lifted their objective cost on shares of Facebook from $145.00 to $150.00 and gave the stock a purchase rating in an exploration report on Monday, April fourth. JPMorgan Chase and Co. reaffirmed an overweight rating and issued a $136.00 target cost on shares of Facebook in an exploration report on Tuesday, March eighth. Flautist Jaffray reaffirmed an overweight rating and issued a $170.00 target cost (up beforehand from $155.00) on shares of Facebook in an exploration report on Wednesday, January 27th. Sanford C. Bernstein set a $150.00 target cost on shares of Facebook and gave the stock an impartial rating in an examination report on Thursday, January 28th. At last, Morgan Stanley set a $140.00 target cost on shares of Facebook and gave the stock a purchase rating in an examination report on Friday, April eighth. One investigator has evaluated the stock with an offer rating, four have given a hold rating, fifty have issued a purchase rating and two have issued a solid purchase rating to the organization. The stock in a matter of seconds has an accord rating of Buy and a normal value focus of $129.52.

Shares of Facebook (NASDAQ:FB) exchanged down 1.76% on Tuesday, hitting $108.66. The stock had an exchanging volume of 68,174,709 shares. The firm has a 50 day moving normal of $110.60 and a 200-day moving normal of $104.23. The firm has a business sector capitalization of $309.28 billion and a cost to-profit proportion of 84.04. Facebook has a 1-year low of $72.00 and a 1-year high of $117.59.

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