Facebook (FB) Tops Q4 EPS by 10c
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February 2, 2017 6:43 AM EST
Wedbush raised its price target on Facebook (NASDAQ: FB) to $175.00 (from $162.00) while maintaining a Outperform rating.
Analyst Michael Pachter commented, "Facebook has a huge competitive advantage with nearly 1.9 billion monthly active users and over 1.2 billion daily active users, attracting 4 million advertisers to its... More
February 2, 2017 6:25 AM EST
Cantor Fitzgerald raised its price target on Facebook (NASDAQ: FB) to $175.00 (from $170.00) while maintaining a Overweight rating.
Analyst Youssef Squali commented, " We maintain an Overweight and raise our PT to $175 from $170 to reflect another strongerthan-expected quarter, driven by 1) accelerating MAU growth and steady engagement, 2)... More
February 2, 2017 6:23 AM EST
Instinet raised its price target on Facebook (NASDAQ: FB) to $165.00 (from $155.00) while maintaining a Buy rating.
Analyst Anthony DiClemente commented, "Facebook's 4Q results provided clean upside to our above-consensus forecast, as user growth once again accelerated and ongoing strength in the platform drove... More
February 1, 2017 5:27 PM EST
On call, Facebook (NASDAQ: FB) said it plans to accelerate hiring further. Expects that full year 2017 GAAP expenses will grow 40-50% versus 2016.
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