TITLE

Facebook Future Is Bright With Video, Instagram Ads

AUTHOR(S)
DEAGON, BRIAN
PUB. DATE
September 2015
SOURCE
Investors Business Daily;9/25/2015, p1
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
Strong core fundamentals and revenue growth coming from video ads and Instagram led Rosenblatt Securities to reiterate a buy rating on Facebook (FB) stock. Rosenblatt analyst Martin Pyykkonen set a price target of 115 on the social networking giant. Facebook stock fell a fraction Thursday, to 94.41. Facebook stock hit an all-time high of 99.24 on July 21. "Our bullish outlook on Facebook coming into this year was and still is largely based on
ACCESSION #
109995746

 

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