Facebook Still Has Upside Despite Market Headwinds

09/23/21 07:13PM EDT

https://youtu.be/Hs1RWXnyZRA

In this clip from The Call @ Hedgeye, Communications analyst Andrew Freedman flags the latest Facebook, Inc. (FB) turbulence with Hedgeye CEO Keith McCullough.

“I know the headlines sound scary, but we knew this was coming. The company has repeatedly flagged every single quarter for the last year that there is going to be incremental headwinds related to this change,” explains Freedman

“I still think that there’s reasons to believe that there’s upside still to Q3 results and Q4 just given where the estimates are currently.”

(This clip is a small taste of what our subscribers get each day on The Call @ Hedgeye. In a nutshell, The Call is our morning research call hosted by Hedgeye CEO Keith McCullough with our 40+ analyst research team. It helps small and large investors alike make better decisions via unique and investable stock/sector updates Click here to learn more.)

Facebook Still Has Upside Despite Market Headwinds - risk ranges

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