Why Facebook Stock Jumped Today

Shares of Facebook (NASDAQ: FB) climbed 4.3% on Monday, following bullish analyst remarks.  

Deutsche Bank analyst Lloyd Walmsley reiterated his buy rating on Facebook's stock and boosted his price forecast from $305 to $325. His new target represents potential gains for investors of roughly 18% from Monday's closing price of $275.75.

Analysts say a recovery in the digital ad market could drive Facebook's stock to new highs. Image source: Getty Images.

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Source Fool.com