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Facebook (FB) stock was upgraded for the 2nd time in 2014, this time with a $60 price target. Facebook (FB) will now need to live up to the hype by beating earnings and raising guidance. FB is now a 135 billion company and I just think growth will slow in the coming years so be cautious.
Buy Facebook (FB) on a drop below $46 if earnings disappoint or buy YELP.
FB will have resistance at $58.58.
Also see - Top Stocks 2014 - Top Stock Gainers 2014
