
By ValueWalk
Facebook Inc (NASDAQ:FB) will launch a “want” button in 2013 to further their commercial ambitions according to a new report from Piper Jaffray. The move could bring the company $10 billion in revenues by 2015. The report places a twelve month price target of $38 on the company’s stock.
With Facebook Inc (NASDAQ:FB) shares currently trading at just over $26, that price target means just under 50% return in twelve months, nice work if you can get it. Facebook shares debuted in May, and were priced at $35.
That, of course, assumes the company will reach the price target assigned by Gene Munster, the Piper Jaffray an