Share
of Facebook, Inc. (FB) is trading
at $26.32
on Monday because upgraded to Outperform from Underperform at BMO Capital BMO Capital reinstated coverage on Facebook and upgraded shares two notches to Outperform from Underperform. The analyst is positive on Facebook's re-acceleration in ad spending for both mobile and video ads, increased native monetization of content, and notes positive feedback for Costume Audiences. Price target raised to $32 from $15.Facebook, Inc. (FB) has a
new potential short term bearish pattern, levels to
watch $27 & $28. Next support level is $24.90.
Shares of the social networking giant’s stock rose 30 percent, making
for its best monthly performance since going public in May.My
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