Don't lose faith in Facebook now, because its valuation remains solid, analysts say
https://www.cnbc.com/2018/07/26/dont-lose-faith-in-facebook-now-look-at-the-multiples-say-analysts.html
Two analysts cut Facebook targets after the company released a weak full-year outlook and second quarter revenue that missed estimates.
But now is the time to buy, RBC Capital Markets lead internet analyst Mark Mahaney and Jefferies senior technology analyst Brent Thill told CNBC's "Squawk on the Street."
Don't lose faith in Facebook now, because its valuation remains solid, analysts say
Jul 26, 2018, 6:42pm UTC
https://www.cnbc.com/2018/07/26/dont-lose-faith-in-facebook-now-look-at-the-multiples-say-analysts.html
> Two analysts cut Facebook targets after the company released a weak full-year outlook and second quarter revenue that missed estimates.
> But now is the time to buy, RBC Capital Markets lead internet analyst Mark Mahaney and Jefferies senior technology analyst Brent Thill told CNBC's "Squawk on the Street."