Ignore AIERA, Facebook Is Still A Buy
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Ignore AIERA, Facebook Is Still A Buy
Summary:
- A robot analyst from Wells Fargo called AIERA (Artificially Intelligent Equity Research Analyst) has put a sell recommendation for Facebook.
- AIERA can’t seem to comprehend the invidious status of Facebook as the world’s biggest platform for social marketing and advertising.
- My natural intelligence told me to ignore AIERA’s recommendation. I still rate FB as a buy.
- The Artificial Intelligence Neural Network of I Know First still gave Facebook’s stock positive market trend algorithmic forecasts.
- Deutsche Bank analyst Lloyd Walmsley recently raised his price target for FB to $220 from $215.