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UPDATE: BMO Capital Upgrades Facebook (FB) to Outperform, Ad Dollars Accelerating

Go back to UPDATE: BMO Capital Upgrades Facebook (FB) to Outperform, Ad Dollars Accelerating

JPMorgan Lifts PT on Facebook (FB) to $35; More Positive in 2013 on Mobile Monetization

January 2, 2013 9:31 AM EST

JPMorgan raised its price target on Overweight-rated Facebook (NASDAQ: FB) from $29 to $35.

"We are incrementally positive on Facebook shares into 2013 as we believe it remains very early in the trajectory of Facebook's mobile advertising, and recent marketer feedback on mobile and News... More