Home » General World News » An ‘attractive entry point’: Wall Street is doubling down on Facebook (FB)

An ‘attractive entry point’: Wall Street is doubling down on Facebook (FB)





Mark Zuckerberg

  • Several Wall Street analysts have maintained their “Outperform” or “Buy” ratings on Facebook.
  • Analysts are confident the company could move past the Cambridge Analytica scandal, and that it will have minimal impact on marketers and users.
  • Check out Facebook’s stock price in real time here.

Much of Wall Street has doubled down on its bullish stance with Facebook.

The Street believes the selloff that occurred in the wake of the Cambridge Analytica scandal, which wiped away $50 billion from Facebook’s market cap, represents a good opportunity to buy the shares on sale. These analysts believe that concerns over the company’s new read more >>>

Source:: BusinessInsider.Com

Comments are closed.