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Facebook, Inc. (FB) Message Board

  • j.nixon10 j.nixon10 Sep 20, 2013 7:48 AM Flag

    FB Upgrade today...outperform...tgt...$53

    News Breaks
    September 20, 2013
    07:00 EDT FB Facebook upgraded at Cowen
    As previously reported, Cowen upgraded Facebook to Outperform from Market Perform. The analyst believes strong ROI in the newsfeed is sustainable with increasing advertising demand meeting rising inventory and prices. Also, Cowen sees Instagram and Video as additional monetization opportunities that are not fully reflected in shares. Price target raised to $53 from $29. Less

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