Facebook (FB) PT Raised to $190 at BofA/Merrill Lynch, Remains A Top Pick

BofA/Merrill Lynch raised its price target on Facebook (NASDAQ: FB) to $190.00 (from $180.00) while maintaining a Buy rating.

FY 2017 EPS estimate rises from $5.67 to $6.02, FY 2918 EPS estimate rises form $7.15 to $7.58 and FY 2019 EPS estimate rises from $8.49 to $9.02.

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