Topeka Capital Raises Target on Facebook (FB) to $36 Citing E-Commerce Opportunity
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 falls from record high as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
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
BTIG Upgrades Facebook (FB) to Neutral on Accelerated Ad Units
November 26, 2012 9:17 AM ESTBTIG upgraded Facebook (NASDAQ: FB) from Sell to Neutral.
Analyst Richard Greenfield comments "With Facebook's payments revenue lever gone (thanks to Zynga's collapse), we felt Facebook was pulling too hard on its "main" advertising revenue lever and that it would be... 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
