Facebook Finds a Fan in SunTrust, Honda’s New Accord, and 3 More Hot Stocks

Facebook Inc. (NASDAQ:FB): SunTrust had some bullish estimates on Facebook, and slapped it with a Street-high $55 price target. The firm believes revenues could swell to roughly $2 billion by 2017, driven by product launches like video ads, Instagram monetization, and Graph Search. Further, the current 20x EBITDA multiple on the firm’s 2015 expectations implies a value of $59 per share.

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