Facebook's (FB) Latest Opportunity? Still Mobile, Which is Still Growing...
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April 4, 2013 9:19 AM EDT
Evercore Partners is out with comments on Facebook (Nasdaq: FB) into the social media giants special event Thursday. The firm rates Facebook at Equal Weight with price target of $32.
Analyst Ken Sena commented on three key points for Facebook: international growth, long-term estimates, and mobile trends.
For international growth, Sena noted that Facebook's current positioning is a "clear growth driver." The analyst said that given Facebook's some 1.1 billion users, "the fact that another several billion users stand to be online in the coming years, and our... More
April 3, 2013 8:51 AM EDT
Facebook (NASDAQ: FB) stock is lower by over 8 percent in the past 30 days. Analysts at JPMorgan view this recent weakness as a buying opportunity.
Analysis of desktop and mobile data suggests competing services are having very little impact on Facebook usage, and overall engagement... More
