UPDATE: Topeka Capital Raises PT on Facebook on Increased Estimates
October 07, 2013 at 11:30 AM EDT
In a report published Monday, Topeka Capital Markets analyst Victor Anthony reiterated a Buy rating on Facebook (NASDAQ: FB ), and raised the price target from $47.00 to $60.00. In the report, Topeka Capital Markets noted, “We are increasing our 3Q13 revenues, Adj. EBITDA, and Adj. EPS estimates to above
