Scalper1 News
Facebook (FB) stock hit a fresh high Tuesday, riding momentum from a price target hike and a positive research report on Monday. Ampere Analysis said Facebook is poised to become a “plausible alternative” toGoogle’s (GOOGL) YouTube. Based on the revenue potential of the social network’s Oculus Rift virtual reality gear, Piper Jaffray raised its price target on Facebook to 120 from 92 and kept its overweight rating. The new target is about a 42% Scalper1 News
Scalper1 News