Facebook (FB) PT Raised to $155 at UBS

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Facebook (FB) PT Raised to $162 at Goldman Sachs; Remains in the 'Sweet Spot'

July 28, 2016 9:18 AM EDT

Goldman Sachs analyst Heather Bellini reiterated a Buy rating and raised her price target on Facebook (NASDAQ: FB) to $162.00 (from $142.00) following strong Q2 results. The analyst said the company remains "in the sweet spot of digital advertising trends."

Bellini commented, "Facebook remains in the... More

Facebook's (FB) Price Target Raised to $170 at Deutsche Bank

July 28, 2016 9:09 AM EDT

Deutsche Bank maintained a Buy rating on Facebook (NASDAQ: FB) and raised its price target to $170.00 (from $160.00).

Analyst Ross Sandler said, "Facebook reported revenue and EPS that were 5.4% and 14% above our estimates. The overall tone of the call was upbeat despite some renewed... More

JPMorgan Lists 5 Key Takeaways Following Facebook's (FB) Blow-Out Q2

July 28, 2016 9:01 AM EDT

JPMorgan analyst Doug Anmuth reiterated an Overweight rating and lifted his price target on Facebook (NASDAQ: FB) to $170.00 (from $161.00) following strong results after the close. The analyst listed 5 key takeaways:

1) FB remains in a class by itself across the combination of scale, growth, and profitability. FXN ad revenue increased 63%
Y/Y, accelerating slightly from 1Q growth, and non-GAAP operating margins expanded 340 bps Y/Y to 58.5%.

2) Despite competitive concerns... More

Monness, Crespi, Hardt Downgrades Facebook (FB) to Neutral

July 28, 2016 8:39 AM EDT

Monness, Crespi, Hardt downgraded Facebook (NASDAQ: FB) from Buy to Neutral.

For an analyst ratings summary and ratings history on Facebook click here. For more ratings news on Facebook click here.

Shares of Facebook closed at $123.34 yesterday.

... More

Facebook (FB) PT Raised to $150 at Mizuho; Shifting from 'Mobile First' to 'Video First'

July 28, 2016 7:55 AM EDT

Mizuho Securities analyst Neil Doshi reiterated an Outperform rating and raised his price target on Facebook (NASDAQ: FB) to $150.00 (from $140.00) following results. Doshi notes a shift from 'mobile first' to 'video first.'

commented, "We remain Buyers of FB on a... More

Facebook (FB) PT Raised to $155 at Baird

July 28, 2016 7:52 AM EDT

Baird analyst Colin Sebastian reiterated an Outperform rating and raised his price target on Facebook (NASDAQ: FB) to $155.00 (from $135.00) following strong Q2 results showing growth accelerates despite fears over increased social competition.

Sebastian commented, "Facebook reported a significant top- and bottom-line beat,... More

Facebook (FB) PT Raised to $154 at Credit Suisse Following 'Another Spotless Quarter'

July 28, 2016 7:41 AM EDT

Credit Suisse analyst Stephen Ju reiterated an Outperform rating and raised his price target on Facebook (NASDAQ: FB) to $154.00 (from $145.00) following 'another spotless quarter'

The firm's 3Q16 estimates for rev/adj. EBITDA/adj. EPS are now $6.78b/$3.89b/$0.87 vs. prior $6.57b/$3.76b/$0.82. For... More

Wall St. edges up; Alphabet and Amazon rise after the bell

July 28, 2016 7:30 AM EDT

By Noel Randewich

(Reuters) - Wall Street edged higher on Thursday as investors looked beyond disappointing earnings from Ford and bought shares in Apple, while Alphabet surged after the bell following its quarterly report.

It was the 10th session of range-bound trading, following a sharp rally in late June and early July that hit record highs and has left the S&P 500 up 6 percent for the year.

In extended trade, Alphabet jumped 4 percent after the Google parent-company reported stronger-than-expected revenue.... More

Facebook (FB): Sum Is Greater Than The Parts - BMO

July 28, 2016 7:26 AM EDT

BMO Capital Market analyst, Daniel Salmon, reiterated his Market Perform rating on shares of Facebook (NASDAQ: FB) after 2Q16 non-GAAP EPS of $0.97 the Streets $0.81, while revenue of $6.44B was ahead of the Streets $6.00B. Mobile ad revenue of $5.24B, while total ad revenue... More

Facebook (FB) PT Raised to $155 at Macquarie

July 28, 2016 6:56 AM EDT

Macquarie analyst Ben Schachter reiterated an Outperform rating and raised his price target on Facebook (NASDAQ: FB) to $155.00 (from $150.00) following strong Q2 results.

Schachter commented, "When FB first went public, we said that as long as the audience is there, FB will find ways to make money. Years later, the audience is still there (and, remarkably, still growing) and FB is still making money (much, much more than expected). We expect this... More

Facebook (FB) PT Raised to $162 at Wedbush on Robust Growth

July 28, 2016 6:49 AM EDT

Wedbush analyst Michael Pachter reiterated an Outperform rating and raised his price target on Facebook (NASDAQ: FB) to $162.00 (from $145.00) following strong Q2 results.

Pachter commented, " Facebook has a virtually insurmountable competitive advantage with over 1.7 billion monthly active users and over 1.1 billion daily active users, and has... More

Facebook (FB) PT Lifted to $185 by Piper Jaffray's Munster

July 28, 2016 6:44 AM EDT

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and raised his price target on Facebook (NASDAQ: FB) to $185.00 (from $170.00) following strong Q2 results with revenue 7% ahead of the Street.

Munster commented, " Driving the strong revenue beat were a combination of solid... More

Cowen Lifts PT on Facebook (FB) to $150 Following Strong Q2 Results, Outlook

July 28, 2016 6:25 AM EDT

Cowen and Company boosts its price target on Outperform-rated Facebook (Nasdaq: FB) from $145 to $150 following solid Q2 results.

Analyst John Blackledge commented, FB delivered another stellar quarter with revs +11% / EPS +19% vs. our forecasts. FB continues ad share gains, driven by its huge user scale and growing engagement coupled with high ROI for advertisers driven by great targeting and innovative ad formats. We raised our 16-'21 estimates... More

Facebook (FB): Needham Raises PT But Remains Below Consensus

July 28, 2016 6:17 AM EDT

Needham & Company analyst, Laura Martin, reiterated her Buy rating on shares of Facebook (NASDAQ: FB) after the company reported 2Q16 revenue of $6.4B (up 59% y/y, 8% above estimates), and Non-GAAP EPS of $0.97 (up 93% y/y, 26% above estimates). Mobile represented 92% of monthly users and 84%... More

Facebook (FB) Tops Q2 EPS Views; Mobile MAUs Rose 20%

July 27, 2016 4:06 PM EDT

(Updated - July 27, 2016 4:15 PM EDT)

Facebook (NASDAQ: FB) reported Q2 adjusted EPS of $0.97, versus the analyst estimate of $0.82. Revenue for the quarter came in at $6.44 billion versus the consensus estimate of $6.02 billion.

Second Quarter 2016 Operational... More