Facebook Inc (NASDAQ:FB) shares are falling nearly 8% on Wednesday evening, leaving investors scratching their heads after the social media giant reported above consensus third-quarter revenues and EPS. However, on a conference call after the earnings release, CFO David Wehner warned investors that the company’s sizzling revenue growth rate is likely to slow down. Wehner told participants on the call that he expects Facebook’s revenue growth to slow “meaningfully.”

After reviewing the results, Baird top analyst Colin Sebastian is out this evening with a brief review.

Sebastian noted, “3Q16 results displayed strong top-line momentum and improved profitability, directionally consistent with our positive […] As we have highlighted in prior research, given Facebook growth drivers are stable/accelerating, we believe concerns over user engagement and other social competitors are largely overblown, as few companies share Facebook’s combination of scale, strong technology orientation, and platform breath/diversity.”

Sebastian reiterated an Outperform rating on shares of Facebook, with a price target of $155, which implies an upside of 22% from current levels.

As usual, we like to include the analyst’s trackrecord when reporting on new analyst notes. According to TipRanks, which measures analysts’ success rate based on how their calls perform, 5-star analyst Colin Sebastian has a yearly average return of 16.2% and a 73% success rate. Sebastian has a 24% average return when recommending FB, and is ranked #8 out of 4173 analysts.

Out of the 49 analysts polled by TipRanks, 43 rate Facebook Inc. stock a Buy, 5 rate the stock a Hold and 1 recommends Sell. With a return potential of 19.8%, the stock’s consensus target price stands at $152.37.