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  1. phil
    April 22nd, 2014 at 6:58 am

    Facebook +1% AH on Credit Suisse upgrade

    Yesterday, 04:25 PM ET · FB

    • Credit Suisse has upgraded Facebook (FB) to Outperform, and set an $87 PT, ahead of Wednesday’s Q1 report.
    • Shares rose 3.9% in regular trading, aided by a moderate tech stock rally and a report Facebook will finally be launching a targeted ad network for 3rd-party mobile apps at the end of the month.
    • After taking Credit Suisse’s move into account, 37 of the 44 sell-side analysts covering Facebook now have bullish ratings, per Thomson/First Call. The other 7 are neutral.
    var isMC=true; var adSize=’320×50′; var ord = Math.floor(Math.random()*10e12); var seekingalpha_ad_src=’http://ad.doubleclick.net/N6001/adj/sek.mobile/app;sz=320×50,320×250;x=x;tile=1;d=mobile;t=app;mcid=true;mcid=1683333;s=FB;’+dart_my_vocation_and_profiles()+’ord=’+ord+’;dev=ip?’; document.write(”);



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