Facebook (FB) Named Top 2017 Internet Pick at Oppenheimer

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Facebook (FB) PT Raised to $156 at Cowen

January 10, 2017 9:00 AM EST

Cowen reiterated an Outperform rating and raised its price target on Facebook (NASDAQ: FB) to $156.00 (from $150.00) off Ad Survey and bullish into 4Q report.

The firm cited: 1) overall strength of video ad market 2) social leadership of core FB + Instagram (~45% of digital ad spend allocations, #1 and... More