Relive the excitement of the Patriots’ path to their fourth Super Bowl Championship with “Pumped”, a special commemorative book from The Boston Globe. Order now.

market movers

Facebook posts biggest gain on S&P 500

Mark Zuckerberg is CEO of Facebook, which went public in May 2012.

David Ramos /Getty Images

Mark Zuckerberg is CEO of Facebook, which went public in May 2012.

Continue reading below

Facebook Inc. advanced 4 percent to a record price and posted the S&P 500’s biggest gain.
A Stifel Nicolaus & Co. analyst, Jordan Rohan, raised his price target on the social-networking company to $82 from $72, citing Facebook’s growing share of marketing spending. Rohan has a “buy” rating on the stock and says his firm’s checks suggest “marketers view Facebook as a strategic communications platform, capable of establishing and reinforcing relationships with consumers.”

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking. Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com