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Forecast came false

Facebook PT (Price Target): $165
20 march

UBS Raised the PT (Price Target) on Facebook to $165 citing 25%+ CAGR through 2019. At a Mar/17 closing price of ~$140, this is easily attainable. Users cannot leave the site. The advertisers continue to flock to the site as ad budgets soar.

FB is a must-have stock. For Value Stock users, valuations are high and caution is required. Starting a small position and waiting for better prices is advised.

Related: Twitter a speculative buy (PT $20).  Sell Snap (PT $14 - $16).

Agree or disagree? FB PT $165.

Answered:
6 people

Facebook PT (Price Target): $165

Agreed
6 people
Disagreed
0 people

Forecast came false

FB peaked at 143.44 but failed to reach $165.
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