Jefferies Reiterates Bullish Stance on Facebook (FB) Following Updates from F8
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Facebook (FB) PT Bumped to $96 at Baird
March 27, 2015 6:53 AM EDTBaird analyst Colin Sebastian reiterated an Outperform rating and bumped his price target on Facebook (NASDAQ: FB) to $96.00 (from $93.00) following the F8 conference where the company showcased its messenger strategy.
Sebastian commented, "Facebook's annual conference reinforces our view that the company remains... More
Messenger, Video Ad Focus Supports Facebook's (FB) Growth Trajectory, Nomura Securities Says
March 27, 2015 6:29 AM EDTNomura Securities analyst Anthony DiClemente offered his takeaways on Facebook (NASDAQ: FB) after the company's annual F8 developer conference, where the company placed a renewed emphasis on Messenger while expanding its video ad capabilities.
DiClemente commented, "To an audience of 2,500+ developers, CEO Mark Zuckerberg unveiled the companys new... More
SunTrust's Peck Issues 4 Big Takeaways from F8 (FB)
March 26, 2015 7:42 AM EDTSunTrust Robinson Humphrey analyst Robert Peck issued his 4 big takeaways form Facebook (NASDAQ: FB) F8 conference:
#1 Messaging is the New Portal. Internet 1.0 was popularized by portals like Yahoo! and AOL. The traditional portal was where everyone started their day. On PC, Facebook eventually morphed into a portal-like service. On mobile however, it is different - Messaging is becoming the next generation of portals. Consumers start their day checking messages, they are also consuming more and more general news, pictures, and videos. Moving across the verticals, one of the next logical steps is... More
Facebook (FB) Debuts Messenger Platform, Previews Businesses on Messenger at F8
March 25, 2015 2:07 PM EDTFacebook (NASDAQ: FB) posted the following to its news blog on Wednesday:
Today at F8, Messenger introduced a platform for developers to easily create apps that integrate with Messenger. Messenger Platform brings even more ways for the 600 million people who use Messenger every month to express themselves. With more than 40 new apps, people can enhance their conversations with GIFs, photos, videos, audio clips and... More
