Facebook's stock could rally 20 percent despite major News Feed change, analyst says

Facebook's stock could rally 20 percent despite major News Feed change, analyst says

6 years ago
Anonymous $1bh8zaeyQS

https://www.cnbc.com/2018/01/12/facebook-news-feed-change-shares-could-rally-20-percent.html

Facebook announced big changes to its News Feed on Thursday, but that's not worrying one analyst who upped his outlook on the stock, expecting nearly 20 percent upside from the current price.

CEO Mark Zuckerberg said the News Feed — one of the key areas where the social network shows ads — will begin to prioritize "meaningful social interactions" versus "relevant content." This means users will start to see more posts from friends rather than publishers.