Wednesday, April 10, 2013

FB: Facebook (FB +4.1%) roundup: 1) Sterne Agee's...

1:50 PM Facebook (FB +4.1%) roundup: 1) Sterne Agee's Arvind Bhatia is raising hit PT to $37 and trumpeting Home's potential. He thinks Home could expand Facebook's share of mobile use from a current 20%, and sees potential search ad opportunities. 2) Phillip Rooke, CEO of online clothing seller Spreadshirt, thinks Facebook's e-commerce solutions are more complex than they should be, and argues users generally aren't visiting the site looking to buy something. 3) The percent of consumers using their Facebook IDs to log into other sites has slipped, according to social login platform Janrain, but remains above 40%. Read comments

FB price at time of publication: $27.68. Check FB price now »

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