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Explosive video growth and the broad opening of the Instagram platform among advertisers got Facebook (FB) a price target increase by Cowen & Co. Cowen analyst John Blackledge raised his price target on Facebook to 100 from 94 and maintained an outperform rating. “Investment sentiment has been positive in 2015 for Facebook shares, but has grown incrementally more positive recently in our view,” Blackledge wrote in a research note. Facebook stock Scalper1 News
Scalper1 News