Capstone Investments Analysts Begin Coverage on Facebook (FB)

By admin | 6 years ago

Capstone Investments initiated coverage on shares of Facebook (NASDAQ: FB) in a research note issued on Friday. The firm set a “hold” rating and a $32.00 price target on the stock.

FB has been the subject of a number of other recent research reports. Analysts at Capstone initiated coverage on shares of Facebook in a research note to investors on Thursday. They set a “hold” rating and a $32.00 price target on the stock. Separately, analysts at Needham & Company initiated coverage on shares of Facebook in a research note to investors on Wednesday, May 23rd. They set a “buy” rating and a $40.00 price target on the stock. Finally, analysts at Wedbush reiterated an “outperform” rating on shares of Facebook in a research note to investors on Monday, May 21st. They now have a $44.00 price target on the stock.

Facebook opened at 31.91 on Friday. Facebook has a 1-year low of $30.94 and a 1-year high of $45.00. The company has a market cap of $87.333 billion and a price-to-earnings ratio of 84.48.

Facebook, Inc. (Facebook) is engaged in building products to create utility for users, developers, and advertisers.

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