Analysts: Facebook Will Continue to Rise and 3 Other Research Notes to Read Through

Facebook (NASDAQ:FB): Jefferies has raised its price target for Facebook’s shares to $60 from $37, and has increased its estimates for Facebook, citing the company’s “promising” new ad products. The firm sees room for further margin expansion at Facebook as the company monetizes its 1.15 billion user base, and has kept a Buy rating on Facebook’s stock.