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Facebook (Nasdaq: FB) Stock Targets at $91 on Whopping Instagram Valuation
Analysts just reiterated their 12-month price target for Facebook Inc. (Nasdaq: FB) at $91. That's a near 12% increase from where FB stock trades today.
The target is in a large part thanks to Facebook's photo sharing arm, Instagram, which is presently worth a whopping $33 billion, according to industry experts.
Here's an in-depth look at the immense value Instagram now brings to Facebook and to FB stock...
Analysts just reiterated their 12-month price target for Facebook Inc. (Nasdaq: FB) at $91. That's a near 12% increase from where FB stock trades today.
The target is in a large part thanks to Facebook's photo sharing arm, Instagram, which is presently worth a whopping $33 billion, according to industry experts.
Here's an in-depth look at the immense value Instagram now brings to Facebook and to FB stock...