Analysts: Facebook Click Prices Are Increasing and 3 More Research Notes to Check Out

Facebook (NASDAQ:FB):┬áPrior to the market’s open, Topeka raised Facebook’s price target to $47 from $40 due to a valuation short to year-end 2014 from year-end 2013. The analyst says that ad agency checks continue to show that Facebook is a must-buy for digital advertisers looking for both brand and direct response ad buyers, and that clicks in the News Feed and price per click are increasing. The shares are Buy rated.