Stifel's Jordan Rohan upgrades Facebook (FB +4.1%) to Buy, sending shares back above $24. Rohan...

|About: Facebook (FB)|By:, SA News Editor

Stifel's Jordan Rohan upgrades Facebook (FB +4.1%) to Buy, sending shares back above $24. Rohan sees potential upside to Q2 PC ad sales, and considers it a matter of time before Facebook joins the S&P 500. "When the company reports in late July, many investors will be embracing back-to-school and holiday trades, of which Facebook is one of the best." Stifel cut Facebook to Hold on Jan. 31, when shares were at $31.24.