OTR Global: Facebook Ad Growth Is Strong

OTR Global said that it expects Facebook Inc (NASDAQ: FB) advertising growth in the U.S. to remain strong in the first quarter. The analysts cited online agency media buyers and agency directors in their analysis.

The analysts reiterated a positive read on Facebook, expecting that the Facebook Audience Network and video are among key elements that will drive "strong future growth."

Facebook is mostly flat in Friday's trading at $81.13.