Facebook near-term weakness a buying opportunity, says JPMorgan

theflyonthewall.com

JPMorgan recommends buying shares of Facebook on any near-term weakness following the company's Q4 results. The firm believes the thesis on Facebook has not changed after the company's Advertising revenue came in 5% lighter than expected, with the entire shortfall coming in Mobile. JPMorgan keeps an Overweight rating on the stock with a $35 price target.

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