UPDATE: BMO Capital Markets Upgrades Facebook to Outperform on Multiple Positive Factors
May 30, 2013 at 11:35 AM EDT
In a report published Thursday, BMO Capital Markets analyst Daniel Salmon upgraded the rating on Facebook (NASDAQ: FB ) from Market Perform to Outperform, and raised the price target from $32.00 to $33.00. In the report, BMO Capital Markets noted, “Our upgrade reflects three fundamental points: 1) We checked in
