Facebook (FB) Surges to New Highs

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Facebook (FB) PT Raised to $92 by Piper Jaffray's Gene Munster Ahead of F8 Conference

March 23, 2015 6:41 AM EDT

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and boosted his price target on Facebook (NASDAQ: FB) to $92.00 (from $84.00) ahead of the company's annual F8 developers conference starts March 25th.

Munster expect Facebook to provide updates at its F8 conference in four core verticals: News Feed, Messenger, adtech, and Oculus.

He commented, "First on... More

Facebook (FB) Adds to Gains Ahead of Next Week's Annual Developer Conference

March 20, 2015 11:27 AM EDT

Facebook (NASDAQ: FB) is continuing to power to new highs today, with the stock up another 1.8% to $84.24 currently. As noted yesterday, no exact news can be pinpointed for the strong action although positive sentiment has been noted. Another reason for the upside could be the upcoming annual developer conference -... More