Credit Suisse analyst raises price forecasts for Alphabet and Facebook to the highest on Wall Street

Credit Suisse analyst raises price forecasts for Alphabet and Facebook to the highest on Wall Street

7 years ago
Anonymous $uquhsGEL_U

https://www.cnbc.com/2017/10/11/credit-suisse-raises-price-forecasts-for-alphabet-and-facebook.html

Investors should continue to own mega-cap internet stocks even after their big runs this year, according to one Wall Street firm.

Credit Suisse reaffirmed its outperform ratings and raised its price targets for both Alphabet and Facebook to the highest on Wall Street, citing increasing ad spending for the internet giants.