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Facebook, Inc. (FB) Message Board

  • trollinfortrash trollinfortrash Jul 8, 2014 10:00 AM Flag

    $90 target

    NEW YORK (TheStreet) -- Facebook Inc.'s (FB_) earnings and revenue estimates have been raised by analysts at UBS (UBS_) who are now expecting a 23% growth in revenue for 2015 to 2018, up from 17%, and a 24% increase in EBITDA for the same period, up from 19%.

    The firm said it increased its numbers based on the company's long term incremental growth drivers which will increase top-line projection.

    UBS maintained its "buy" rating and $90 price target on Facebook stock.

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