Scalper1 News
As it hovers near a high, Facebook (FB) stock received a price-target hike on expectations of explosive growth in advertising. Jeffries analyst Brian Pitz raised his price target on Facebook to 130 from 120, saying he’s growing increasingly confident about Instagram and video ads. “As video consumption explodes across Facebook’s massive user base, we think it looks well-positioned to capture an increasing portion of TV ad budgets as marketers Scalper1 News
Scalper1 News