Scalper1 News
The ad pricing traction that Facebook (FB) exhibited in the fourth quarter is continuing this quarter, says an analyst, who raised his price target on Facebook stock. In a report released Monday, Eric Sheridan of UBS Securities says a few recent ad deals indicate a continued robust online ad market for Facebook. Sheridan raised his price target on Facebook stock to 90 from 72, while maintaining his buy rating. Facebook stock was up nearly 2.5% in Scalper1 News
Scalper1 News