https://finance.yahoo.com/news/facebook-analysts-remain-bullish-despite-ftc-fine-205333134.html

“Instagram is now one of the Internet's large scaled digital ad platforms that can sustain growth and operating leverage (even as the platform transitions to Stories/Shopping) for years to come,” Sheridan, Steiger, and Vegliante wrote in their note on Wednesday. “While concerns will persist about core Facebook maturation, regulatory headwinds and/or safeguarding the platform for a privacy-first approach, we think the market now better understands many of those risks (as they dominate almost all of our investor conversations).”

Credit Suisse analysts Stephen Ju, Nicole D’Souza, Philip Wang, Yoni Yadgaran, who maintained their “Outperform” rating on Facebook, raised their price target from $211 to $235. They welcomed a “straightforward quarter” following a “year of controversy.”