Notable Upgrades: Facebook (FB), Glu Mobile (GLUU), Fitbit Inc. (FIT), BioCryst (BCRX), Popular, Inc. (BPOP)

Facebook, Inc. (FB) was reiterated a ‘Buy’ by BofA/Merrill (BAC) analysts on Tuesday. The broker also raised its price target on the stock to $105 from $95. On valuation measures, Facebook Inc. Cl A stock it’s trading at a forward P/E multiple of 32.50x, and at a multiple of 83.39x this year’s estimated earnings. The […] View the full post at: Notable Upgrades: Facebook (FB), Glu Mobile (GLUU), Fitbit Inc. (FIT), BioCryst (BCRX), Popular, Inc. (BPOP) Related posts: Russian Tech Group Offers to Invest $200 mln in Facebook Facebook Employees Offered $14.77 a Share Russian Investment Firm Buys 1.96% Stake in Facebook