Doug Anmut Posts

Facebook Stock Jumps Today Following Report From J.P. Morgan Analyst Doug Anmuth

Facebook’s shares have jumped this morning after J.P. Morgan analyst Doug Anmuth wrote in a research note that he is “incrementally positive” about where the company is heading in 2013.  Anmuth said that “marketer feedback on mobile and news feeds ads has been positive.”  Anmuth added that he is encouraged that Facebook is able to leverage third-party data to drive improvements to desktop ad performance.  He also added that Facebook’s ad revenues will accelerate at least through Q1 and he has raised 2013 and 2014 ad revenue estimates by 6%-7%.

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