Facebook (FB) PT Raised to $110 at Credit Suisse
Credit Suisse analyst S. Ju reiterated an Outperform rating and lifted their price target on Facebook (NASDAQ: FB) to $110.00 (from $106.00) following solid Q2 results.
For FY15, the firm's estimates for revenue, adj. EBITDA and adj. EPS are now $17.1b/$11.2b/$2.09 vs. prior $16.7b/$10.8b/$1.97
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Shares of Facebook closed at $96.99 yesterday.