Facebook Reports Second Quarter 2019 Results

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Go back to Facebook Reports Second Quarter 2019 Results

Facebook (FB) PT Raised to $235 at Nomura/Instinet

July 25, 2019 7:10 AM EDT

Nomura/Instinet analyst Mark Kelly raised the price target on Facebook (NASDAQ: FB) to $235.00 (from $226.00) while maintaining a Buy rating following the company's 2Q earnings report. FB reported Ad Revenue of $16.6bn, vs. consensus of $16.2bn. EPS of $1.99 came in ahead of consensus of... More