Close

Pre-Open Stock Movers 10/31: (ZLTQ) (EXPE) (CRR) Higher; (ARIA) (ALCS) (NIHD) Lower (more...)

Go back to Pre-Open Stock Movers 10/31: (ZLTQ) (EXPE) (CRR) Higher; (ARIA) (ALCS) (NIHD) Lower (more...)

Facebook (FB) Target Raised to $72.50 at Wedbush

October 31, 2013 9:43 AM EDT

Wedbush maintained an Outperform rating on Facebook (NASDAQ: FB) and raised its price target to $72.50 (from $58.00).

Analyst Michael Pachter said, "We believe a premium multiple is warranted given that Facebook is only just beginning to realize the vast monetization potential presented... More