Facebook, Google Collect Price-Target Hikes

By | October 9, 2015

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Facebook (FB) and Google each received a price-target boost from Credit Suisse on Friday, which cited new products ahead and strong performance by existing ones. Credit Suisse hiked its price target on Facebook stock to 116 from 110 and maintained an outperform rating. It raised its target on Google stock (now a division of Alphabet (GOOGL) to 815 from 750. As for Facebook, Credit Suisse analyst Stephen Ju wrote in his research report that the new Scalper1 News

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