OTR Global: Facebook Ad Growth Is Strong

OTR Global said that it expects Facebook Inc 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.