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Instagram User Additions Outpace Cowen Ests; Pace of Growth Accelerating (FB)

December 10, 2014 3:18 PM EST

Cowen and Company commented on Facebook (Nasdaq: FB) following updated Instagram numbers. The firm has Facebook with an Outperform rating and price target of


Analyst John Blackledge commented:

Instagram User Growth Accelerating; Ad Monetization Prospects are Bright

Instagram reported users now total 300MM MAUs, up from 200MM MAUs reported on... More