Buy Facebook before earnings because of likely strong ad revenue: Deutsche Bank

Buy Facebook before earnings because of likely strong ad revenue: Deutsche Bank

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/10/31/at-facebook-strong-ad-revenue-pushing-stock-gain-deutsche-bank.html

Facebook is set for strong earnings with healthy advertisement revenue growth and a stock set to pop another 22 percent over the next 12 months, according to one Wall Street analyst.

Deutsche Bank told investors to watch for 42 percent year-over-year ad revenue growth and mentions of "aggressive" investment in video content in Facebook's earnings report on Wednesday. The social media giant is expected to funnel additional funding into video content over the next year in an effort to capture unrecognized revenue.