Scalper1 News
Facebook (FB) advertising is outperforming Wall Street’s forecasts, spurring a handful of price-target upgrades following the social network’s Q1 beat late Wednesday. “Advertising revenues accelerated for the seventh consecutive quarter,” wrote Baird Equity Research analyst Colin Sebastian in a research note. He raised his price target to 71 from 65. The median price target for Facebook stock ticked up to 80 from 75, according to a poll of 40 Scalper1 News
Scalper1 News