Scalper1 News
Facebook (FB) stock rose Monday as the world’s largest social network received a substantial price target boost from investment bank Piper Jaffray, based on the revenue potential of Facebook’s Oculus virtual reality system. The Oculus VR goggles are set to hit the consumer market early next year, at a price expected to be around $400. Piper Jaffray raised its price target on Facebook stock to 120 from 92 and maintained its overweight rating. Scalper1 News
Scalper1 News