Scalper1 News
Rosenblatt Securities reiterated a buy rating on Facebook (FB) ahead of the social networking giant’s earnings, with a view that several key initiatives underway will enhance long-term growth. Continued growth in mobile advertising and users helped push Facebook fourth-quarter earnings beyond expectations when it reported on Jan. 28. But the social networking giant predicted expenses would keep soaring. Facebook is set to report earnings after the Scalper1 News
Scalper1 News