Spending plans trigger Facebook stock retreat

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Facebook (FB) PT Raised to $225 at Jefferies

November 2, 2017 8:55 AM EDT

Jefferies raised its price target on Facebook (NASDAQ: FB) to $225.00 (from $215.00) while maintaining a Buy rating.

Analyst Brent Thill notes FB is growing nearly 2x the rate of its large cap internet peers while delivering 50%+ operating margins.

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