Facebook Not a "Buy" Despite Stock Tumble

Analysts remain confident in Facebook's long-term prospects, but say the stock is overvalued despite the 20% share price drop

Ali Mogharabi 27 July, 2018 | 6:44AM
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Ali Mogharabi: Facebook (FB) reported slightly mixed second-quarter results with revenue in line with our internal forecast but below consensus. It did beat expectations on the bottom line. 

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Facebook Inc A310.39 USD0.00Rating

About Author

Ali Mogharabi  is an equity analyst for Morningstar