Will This New Rating Help Facebook (FB) Shares?
April 22, 2014 at 05:10 AM EDT
Shares of Facebook (FB) are up almost 6%, to $62.30 in Tuesday’s premarket trading after Credit Suisse’s Stephen Ju issued a research paper to clients in which he upgraded the social network to ‘Outperform’ from ‘Neutral’ citing the firm’s belief that Street consensus estimates underestimate the long-term potential of FB’s new products. [via Barron's Tiernan […] View the full post at: Will This New Rating Help Facebook (FB) Shares? Related posts: Russian Tech Group Offers to Invest $200 mln in Facebook Facebook Employees Offered $14.77 a Share Facebook-Microsoft To Ink Search Ad Pact