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Goldman Sachs Analyst Thinks Facebook Video Ads Will Be Big Boost to Share Price

  • Barrons , Tuesday, September 17, 2013 1:12 PM
Goldman Sachs' Heather Bellini reiterated a Buy rating on shares of Facebook (FB), while raising her price target to $52 from $46, writing that Facebook has a “significant opportunity” in advertisinginside of online video and television, which are expected to represent a combined $70 billion in advertising dollars next year.

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