Facebook company stock price just got another bullish signal with an upped one-year target from analysts.
Facebook Inc. (Nasdaq: FB) shares have been on a tear over the last several months, and analysts expect more upside. Then Thursday, Citigroup analyst Mark May raised his 12-month price target on Facebook to $97 from $91. That’s an 18% upside from where FB presently trades.
Here’s a closer look at where the Facebook stock price is headed…
Facebook company stock price just got another bullish signal with an upped one-year target from analysts.
Facebook Inc. (Nasdaq: FB) shares have been on a tear over the last several months, and analysts expect more upside. Then Thursday, Citigroup analyst Mark May raised his 12-month price target on Facebook to $97 from $91. That’s an 18% upside from where FB presently trades.
Here’s a closer look at where the Facebook stock price is headed…
The Facebook stock price today is up 0.32% pre-market to $84.43. Facebook Inc. (Nasdaq: FB) stock hit an all-time high yesterday, March 23. FB climbed 0.81%, or $0.68, to close at $84.48, while the three major benchmarks closed in the red.
FB shares are up 8.28% year to date. Last week the Facebook stock price had its biggest weekly gain in eight months.
Check out how FB's new market cap ranks among the market's biggest:
