Market Overview

UPDATE: BTIG Upgraded Facebook to Neutral

Related FB
Sheryl Sandberg On Facebook's Biggest Moment Of 2014
JP Morgan Reiterates On Facebook
Stop Retailers From Stalking You Online (Fox Business)

BTIG upgraded Facebook (NASDAQ: FB) from Sell to Neutral and removed a $16 downside price target.

The firm's Richard Greenfield believes Facebook will "significantly exceed" Q4 Street estimates given increasing ad sales from mobile devices. The analyst warned Facebook is heading toward "serious user experience mistakes" over the long- term as it increases its number of ads.

Latest Ratings for FB

DateFirmActionFromTo
Dec 2014MKM PartnersInitiates Coverage onBuy
Nov 2014Hilliard LyonsInitiates Coverage onLong-term Buy
Nov 2014Morgan StanleyInitiates Coverage onOverweight

View More Analyst Ratings for FB
View the Latest Analyst Ratings

Posted-In: Analyst Color Upgrades Analyst Ratings

 

Related Articles (FB)

Around the Web, We're Loving...

Get Benzinga's Newsletters