Barclays Remains Positive on Facebook (FB) into Earnings, Would Add to Positions
Get Alerts FB Hot Sheet
Price: $196.64 --0%
Rating Summary:
46 Buy, 17 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
46 Buy, 17 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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Barclays analyst Ross Sandler maintains Overweight on Facebook (NASDAQ: FB) price target of $180.00.
The analyst sees modest upside for Q4 and would add to positions into the print. He believes employee retention is the primary incentive for mega cap internet names and he believes management's tone will likely be more upbeat on the call.
He see Q/Q DAU growth potentially uprising to the upside in Q4.
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 $146.47 yesterday.
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