Facebook (Nasdaq: FB) Stock Targets at $91 on Whopping Instagram Valuation

Analysts just reiterated their 12-month price target for Facebook Inc. (Nasdaq: FB) at $91. That's a near 12% increase from where FB stock trades today. The target is in a large part thanks to Facebook's photo sharing arm, Instagram, which is presently worth a whopping $33 billion, according to industry experts. The post Facebook (Nasdaq: FB) Stock Targets at $91 on Whopping Instagram Valuation appeared first on Money Morning - We Make Investing Profitable .