Facebook Revenue Growth Drivers Remain Strong For 2016

By | January 12, 2016

Scalper1 News

Following a year of strong performance in 2015, the drivers that fueled Facebook (FB) in 2015 remain strong for 2016, says a report from Credit Suisse. “Facebook will be able to drive long-term revenue growth without a material lift in ad loads,” the Credit Suisse report said. It maintained an outperform rating and a price target on the social networking giant of 135. Facebook stock was up 2%, near 99.50, in afternoon trading in the stock market Scalper1 News

Scalper1 News