The Street -
17 Mar 2015 23:30
NEW YORK (TheStreet) -- Facebook edged higher Tuesday after a favorable analyst report from J.P. Morgan and the announcement of a new payments feature for its Messenger app. Micron and Himax Technologies both take a hit after receiving a price cut and downgrade.Facebook rose 1.7% to close at $79.36.The social media giant received an upbeat assessment from J.P. Morgan analysts, who reiterated their overweight rating on Facebook and issued an $85 price target. More importantly, the analysts said ...
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