Facebook shareholders received welcome news today when Capstone analysts increased their target price on the social network from $26 to $35.

Facebook opened at $27.84 on Tuesday and remained steady at $27.88 by 3 p.m. The company’s stock has rebounded for a low-point of $17.55 since its IPO, and has gone as high as $45. Facebook’s market cap is set at $60.31, and its price-to-earnings ratio is $144.25.

Other analysts have given varying opinions on Facebook stock. On Nov. 30 analysts at Zacks gave the company a “neutral” rating in a note to investors. They currently list a $29 target on the stock. Analysts at Piper Jaffray gave Facebook shares an “overweight” rating as recently as Nov. 28, and list a $38 price target on its stock. On Nov. 26, analysts at Topeka Capital actually upgraded Facebook shares to “neutral.”

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Samantha Lile

Samantha Lile is a 2002 Missouri State University graduate of journalism and mass media. She has served as a reporter and editor for various newspapers throughout her journalism career. She made the leap into writing full-time after working for a major financial institution since 2000.

Because of her banking background, Samantha is knowledgeable in finance reporting, but is also strong in commentaries, personal profiles, youth studies, horticulture, history and entertainment-related works.

Samantha lives in Ozark, Mo. with her husband of nine years, four dogs and two cats.

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