Facebook Shares Will Crash 18%: Breaking Down Pivotal Research’s Contrarian Take

Facebook Shares Will Crash 18%: Breaking Down Pivotal Research’s Contrarian Take

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According to an analysis from equity research firm Pivotal Research Group, there is a high probability that Facebook Inc. will have yet another turbulent year in 2019. The research firm lowered the price target of Facebook’s stock from $125 to $113, reducing the social networking giant’s downside potential from its close on Friday by 18%.

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