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This is what major analysts are saying about Facebook’s first-quarter earnings

The founder and CEO of Facebook Mark Zuckerberg speaks during the 56th Munich Security Conference in Munich, southern Germany, on February 15, 2020.

Christof Stache | AFP | Getty Images

Facebook‘s first-quarter revenue jumped 48% over year as the advertising recovery gained steam, a result that impressed many Wall Street analysts.

The company beat expectations for earnings and revenue, with results for average revenue per user coming in well above projections.

Here’s how analysts from the top shops on Wall Street reacted to the results.

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