Facebook's share rally leaves analysts racing to catch up

Wall Street analysts are racing to keep up with Facebook’s stock rally.

11th March, 2014
Facebook has pushed into mobile advertising.

Wall Street analysts are racing to keep up with Facebook’s stock rally.

Shares of the world’s biggest social network have jumped 32 per cent so far this year, compared with a 1.6 per cent gain for the Standard & Poor’s 500 Index. The surge has left the 49 analysts who cover Facebook in a bind - while 38 of them recommend the company with the equivalent of a buy rating, 21 of the...

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