J.P. Morgan Reiterates on Facebook, Noting Ad Load Will Continue to Grow

J.P. Morgan analyst Doug Anmuth reiterated an Overweight rating on Facebook, Inc. (NASDAQ: FB ). Anmuth noted that teens in the 13-15 age group have decreased their daily usage of Facebook shifting their focus to Facebook-owned Instagram. J.P. Morgan commented on the updated Facebook Messenger which enables texting