William Blair & Company Reiterates Outperform Rating on Facebook Following Company/Investor Meetings

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In a report published Friday, William Blair & Company analyst Ralph Schackart reiterated an Outperform rating on

27% profit every 20 days?

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Facebook

(NASDAQ: FB).In the report, William Blair & Company noted, “Over the past few weeks, we spoke with several private companies and advertisers about their experiences with and views on Facebook. Our conversations focused on the continued growth of its mobile product offering, the rollout of video ads, and the monetization of Instagram.”Facebook closed on Thursday at $49.18.