In a report published Tuesday, Credit Suisse analyst Stephen Ju upgraded the rating on

(NASDAQ:

) from Neutral to Outperform, and raised the price target from $65.00 to $87.00. In the report, Credit Suisse noted, “We upgrade FB shares to Outperform (from Neutral) and raise our target to $87 (from $65) as we increase our mid-to-longer-term user ARPU growth trajectory expectation, following extensive analysis, to layer in monetization from the company's upcoming product releases.” Facebook closed on Monday at $61.24.