WALL STREET: Facebook Gets Likes From Two Analysts

Wall Street was kind to Facebook Thursday, as AP reported that analysts Brian Pitz of Jefferies and Daniel Salmon of BMO Capital Markets upgraded their ratings on the social network’s stock.

Wall Street was kind to Facebook Thursday, as AP reported that analysts Brian Pitz of Jefferies and Daniel Salmon of BMO Capital Markets upgraded their ratings on the social network’s stock.

Pitz wrote in a research note Thursday, as reported by AP, that the recent drop in Facebook’s share price presents an opportunity for investors, who should jump in before the social network launches video ads, which, he feels, could develop as rapidly as its mobile advertising business has.

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