This morning, Deutsche Bank upgraded shares of Expedia (NASDAQ:EXPE) from hold to buy as upgrades to the website have led to better converstion rates. With the upgrade, the firm set a price target of $68 per share.
Expedia was trading higher on Friday, gaining 5.3% so far.
And Cantor Fitzgerald initiated coverage on shares of Facebook (NASDAQ:FB) with a buy rating as the firm expects the large and growing user base to be monetized over time. With the buy rating, the firm set a price target of $26 per share.
In morning trading, shares of Facebook were higher, gaining 1.1%.
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