BOTTOM LINE: Facebook reported another stellar quarter with +52% revenue growth and strong profit expansion during 4Q15. With many levers of growth yet to be pulled, we continue to see many reasons to remain highly optimistic in Facebook. For Facebook as for Google, size begets more size given the constantly improving capacity the company has to capture a growing share of marketer “wallets.” Our YE2016 price target is now $136 per share, up from $134 previously, and we continue to rate the stock Buy.
AlertMeFacebook: New $136 Price Target -- Brian Wieser, Pivotal Research
Channel
Wall St. Village
Click here to view the photos
