Deutsche Bank Raised FB to * $40 * Based on Ramp Up Happening Faster Than Excepted.
DEUTSCHE BANK SAID " FB worth $40 RAMP UP HAPPENING MUCH FASTER THAN EXCEPTED// POST.
Mon, 14 Jan 2013
Facebook ( FB ) is upgraded to Buy at Deutsche Bank with price target raised to $40 from $24. Among the catalysts are Mobile Newsfeed Ads - a game-changer, says Deutsche, and the ramp-up is happening much faster than expected.