Facebook revenue smashes expectations as mobile ad sales surge
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Facebook (FB) PT Raised to $165 at RBC Capital
April 28, 2016 8:29 AM EDTRBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Facebook (NASDAQ: FB) to $165.00 (from $160.00) following strong results.
The keys to the quarter, according to the analyst:
1. More Friends MAUs up 15% Y/Y (fastest growth in 2... More
