BTIG Upgrades Facebook (FB) to Neutral on Accelerated Ad Units
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Facebook (FB) May Be Ready to Monetize Instagram
November 27, 2012 3:21 PM ESTAfter its debacle of an IPO, Facebook (NASDAQ: FB) continues to slowly win over Wall Street as the company makes an aggressive push to monetize its assets. The latest chatter suggests the social media juggernaut will soon monetize Instagram.
Facebook acquired Instagram in April 2012 for $1 billion and has largely left the service unchanged. This could all change soon, meaning users could be bombarded with ads.
Sterne Agee analyst Arvind Bhatia said Facebook's recently proposed changes to its data use... More
Topeka Capital Raises Target on Facebook (FB) to $36 Citing E-Commerce Opportunity
November 26, 2012 9:49 AM ESTTopeka Capital raised its price target on Facebook (NASDAQ: FB) from $34 to $36, while reiterating their Buy rating.
"With two of the biggest bearish concerns on Facebook's shares largely behind the company (ability to monetize mobile & lock-up expirations), we refocus on the options for Facebook,... More
Bernstein Upgrades Facebook (FB) to Outperform; Risky But Worth It
November 26, 2012 7:26 AM ESTBernstein upgraded Facebook (NASDAQ: FB) from Market Perform to Outperform with a price target of $33.00 (up from $23.00).
The firm sees Facebook beating average revenue estimates over the next 12-24 months as monetization of Newsfeed inventory drives growth.
While Bernstein is upgrading... More
