Facebook Reports Third Quarter 2017 Results

Facebook (FB) PT Raised to $225 at Jefferies

November 2, 2017 8:55 AM EDT

Jefferies raised its price target on Facebook (NASDAQ: FB) to $225.00 (from $215.00) while maintaining a Buy rating.

Analyst Brent Thill notes FB is growing nearly 2x the rate of its large cap internet peers while delivering 50%+ operating margins.

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Facebook (FB) PT Raised to $215 at Needham & Company

November 2, 2017 7:42 AM EDT

Needham & Company raised its price target on Facebook (NASDAQ: FB) to $215.00 (from $185.00) while maintaining a Buy rating after the company "overdelivered" the firm's upwardly revised estimates, reporting 3Q17 revenue of $10.3B (up 47% y/y and 5% above our estimate) and EPS of $1.59 (up 77% y/y and... More

Facebook (FB) PT Raised to $205 at Macquarie

November 2, 2017 7:25 AM EDT

Macquarie analyst Benjamin Schachter raised his price target on Facebook (NASDAQ: FB) to $205.00 (from $190.00) while maintaining an Outperform rating.

"Security and investment will get the headlines, but what matters more is the video strategy. If it works, we see continued upside for FB," the analyst said.

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Facebook (FB) PT Lowered to $195 at Stifel

November 2, 2017 7:23 AM EDT

Stifel lowered its price target on Facebook (NASDAQ: FB) to $195.00 (from $200.00) while maintaining a Buy rating following another strong quarter of growth, reporting +47% y/y ex-FX advertising revenue growth and beating our 3Q EPS estimate by ~27% (~23%, excluding lower tax rate).

Analyst Scott Devitt... More

Facebook (FB) PT Raised to $230 at RBC Capital

November 2, 2017 6:31 AM EDT

RBC Capital raised its price target on Facebook (NASDAQ: FB) to $230.00 (from $195.00) while maintaining an Outperform rating.

Analyst Mark Mahaney called results "very strong" with results coming in well ahead of expectations and growth trends remaining very impressive.

He added that FB guided... More

Facebook (FB) Tops Q3 EPS by 31c

November 1, 2017 4:05 PM EDT

Facebook (NASDAQ: FB) reported Q3 EPS of $1.59, $0.31 better than the analyst estimate of $1.28. Revenue for the quarter came in at $10.33 billion versus the consensus estimate of $9.84 billion.

Daily active users (DAUs) DAUs were 1.37 billion on average for September 2017, an increase of 16%... More