Will Facebook Stock Surge to $300?
The digital advertising market will recover sooner than many investors currently expect -- and Facebook (NASDAQ: FB) stands to profit handsomely.
So says Baird analyst Colin Sebastian. On Thursday, Sebastian reiterated his "Outperform" rating on Facebook's stock and boosted his target price from $240 to $300. His new target represents potential gains of 27% for investors, based on Facebook's current share price of $236.
Baird analyst Colin Sebastian says Facebook's stock has plenty of upside. Image source: Getty Images.
Source Fool.com
