Analysts: Facebook Could Have Sustainable Momentum and 3 Other Research Notes to Peruse

Facebook (NASDAQ:FB): RW Baird sees sustainable momentum in Facebook and believes that it should achieve more than 50 percent year-over-year growth in advertising in the third quarter. The firm also sees multiple long-term growth drivers and an increasing mix of direct response advertisers. The shares are Outperform rated with a $50 price target.