Don't lose faith in Facebook now, because its valuation remains solid, analysts say

Don't lose faith in Facebook now, because its valuation remains solid, analysts say

5 years ago
Anonymous $RBasgWKaIV

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."