These are some of
the top analyst upgrades, downgrades,
and initiations seen
from Wall Street brokerage
and research firms
today.If
you
are
looking
to
day
trade,
you
might
want
to
check
out
the
following
stocks.
I
usually
throw
these
on
my
watch
list
and
monitor
with
resistance
&
support
levels.You
can
also
check
previous
stocks to
buy
reports- Right Here.
Facebook price target raised to $62 from $49 at Macquarie
Macquarie said Facebook continues to
gain traction in mobile and new statistics on Mobile App Install Ads indicate
growth is strong and could lead to Q3 mobile ad revenue upside. The firm said
there has been 145M installs from App Install ads so far in 2013 and the
advertiser base has growth to 8,400 in Q2 from 3,800 in Q1. The firm estimates
$2-$3 per install and believes this could be conservative as some game
companies are already paying $3-$4 per install through the ad product. The firm
continues to view Outperform rated Facebook as a top pick and raised its price
target to $62 from $49.
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