By: Benzinga
November 26, 2012 at 10:50 AM EST
UPDATE: Bernstein Upgrades Facebook to Outperform
Bernstein's Carlos Kirjner upgraded Facebook (NASDAQ: FB ) from Market Perform to Outperform and raised the price target from $23 to $33. The analyst believes the company is likely to beat the Street's sales estimates over the next year or two, citing continued monetization of its Newsfeed inventory. This monetization
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