Scalper1 News
Facebook’s (FB) new Instagram and mobile video advertising initiatives will boost revenue growth, but increased investments will pare profits, says Stifel Nicolaus, which raised its price target on the social networking firm on Friday. Facebook stock was up nearly 1% in midday trading up in the stock market today. “Facebook recently rolled out its first ads on Instagram as well as video functionality within the Facebook newsfeed,” Rohan wrote. Scalper1 News
Scalper1 News