Facebook (FB) Receives a Hold from Stifel Nicolaus

By Jason Carr

Stifel Nicolaus analyst Scott Devitt maintained a Hold rating on Facebook (FBResearch Report) today and set a price target of $155. The company’s shares opened today at $170.17.

According to TipRanks.com, Devitt is a top 100 analyst with an average return of 21.8% and a 70.2% success rate. Devitt covers the Technology sector, focusing on stocks such as Paypal Holdings, Eventbrite Inc, and Alphabet Inc.

Facebook has an analyst consensus of Strong Buy, with a price target consensus of $192.08.

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The company has a one-year high of $218.62 and a one-year low of $123.02. Currently, Facebook has an average volume of 22.21M.

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