Daniel Salmon

In a report published Thursday, BMO Capital Markets analyst Daniel Salmon downgraded the rating on Facebook (NASDAQ: FB) from Outperform to Market Perform, but reiterated the $50.00 price target. In the report, BMO Capital Markets noted, “We are downgrading FB to Market Perform from Outperform. 3Q...

In a report published Thursday, BMO Capital Markets analyst Daniel Salmon upgraded the rating on Facebook (NASDAQ: FB) from Market Perform to Outperform, and raised the price target from $32.00 to $33.00. In the report, BMO Capital Markets noted, “Our upgrade reflects three fundamental points:...