UPDATE: BTIG Research Upgrades Facebook on Positive Outlook
October 30, 2013 at 08:58 AM EDT
In a report published Wednesday, BTIG Research analyst Richard Greenfield upgraded the rating on Facebook (NASDAQ: FB ) from Neutral to Buy, and named a $68.00 price target. In the report, BTIG Research noted, “We are upgrading Facebook to BUY from Neutral. Our upgrade is based on the view that