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[jimmybob]

Wedbush expecting another beat from Facebook
Wedbush analyst Michael Pachter expects Facebook to continue its rapid growth overseas and to increase monetization of under-penetrated Instagram, WhatsApp, and Messenger over the coming years. The analyst views Facebook as well-positioned to defend itself from competition for user mindshare and attention from other apps. With the company expected to report results on Wednesday, Pachter expects Q3 results above consensus levels, as ad products across its suite of applications, including Instagram, continue to command higher pricing and drive growth. He reiterates an Outperform rating and $225 price target on the shares