UPDATE: Facebook (FB) Price Target Raised to $46 at Piper
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Facebook (FB) Video Ads Could Be Boon for Revenue, Thinks Morgan Stanley
August 7, 2013 8:20 AM EDTMorgan Stanley maintained an Overweight rating on Facebook (NASDAQ: FB) and raised its price target of $45.00 (from $37.00). Analyst Scott Devitt thinks video ads will boost advertising revenue by 10% by next year and add 10%-15% to earnings within 1 to 2 years.
Devitt's base model assumes... More
Facebook (FB) closes above IPO price of $38/share
August 2, 2013 4:01 PM EDTFacebook (Nasdaq: FB) closes above IPO price of $38/share.... More
