Cantor Analyst Comments on New Facebook Video Ranking

Shares of Facebook, Inc.

are trading up ~2 percent early in Tuesday's market session following positive comments from Cantor Fitzgerald, Youssef Squali. Squali noted that early tests of Facebook's new video rankings are receiving positive feedback and are likely to signal a ramp in ad monetization. On that note, Squali says it is likely video ads will generate at least $1 billion in revenue of the next few years. In conjunction with his comments, Squali reiterated his Buy rating and $80 price target for Facebook