Facebook (FB) Tops Q3 EPS by 5c

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Facebook's (FB) Price Target Raised to $125 at FBN

November 5, 2015 10:34 AM EST

FBN Securities maintained an Outperform rating on Facebook (NASDAQ: FB) and raised its price target to $125.00 (from $110.00). The change follows strong Q3 results. Analyst Shebly Seyrafi said Instagram is starting to become more material.

"Our channel checks indicate that FB should experience very... More