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Analysts who were worried about mobile's impact on Facebook's (FB +20.9%) ad sales are now...

  • Wednesday, October 24, 2012, 1:34 PM ET
    Analysts who were worried about mobile's impact on Facebook's (FB +20.9%) ad sales are now touting its potential. Stifel, upgrading shares to Buy, believes Facebook's mobile revenue will go from $153M in Q3 to $247M in Q4, and total $1.6B in 2013. Citi (previous), also upgrading, notes mobile is lifting Facebook's ad prices, making it the opposite of Google in this respect. Give Wedge Partners and JPMorgan some credit for being ahead of the curve here. (more on FB) (transcript)
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This news story has 8 comments:

  •  
    I'm stunned how consistently these "analysts" want to have it both ways. Ridiculous.
    24 Oct 2012, 01:36 PM Reply Like
  •  
    Not much money unless you are a insider, really poor.
    24 Oct 2012, 02:08 PM Reply Like
  •  
    What about the desktop drop?
    24 Oct 2012, 03:37 PM Reply Like
  •  
    Does anyone care about what's going to happen to FB's lockup expirations in two months?
    24 Oct 2012, 06:56 PM Reply Like
  •  
    Apparently not.
    24 Oct 2012, 07:48 PM Reply Like
  •  
    hence the current hype of the company. How else can those insiders get a good price on their stocksa?
    24 Oct 2012, 08:05 PM Reply Like
  •  
    lockup expirations start at the end of this month actually.
    24 Oct 2012, 08:29 PM Reply Like
  •  
    it really is amazing when insider movement becomes so blatantly obvious. I will buy FB at 13.
    25 Oct 2012, 12:43 AM Reply Like
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