Focus For Facebook Q2 Earnings Is On Big Advertisers

By | July 21, 2015

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With Facebook (FB) set to report second-quarter earnings on July 29, a key focus will be on whether the social networking king has been able to draw in large advertisers, says Rosenblatt Securities. Rosenblatt analyst Martin Pyykkonen, in a research note Tuesday, maintained a buy rating on Facebook stock with a price target of 100. Facebook stock on Tuesday touched a new all-time high for the sixth day in the past seven trading days, hitting Scalper1 News

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