Good is Not Quite Good Enough for Facebook (FB) - Nomura
- Wall St set to open lower as Meta Platforms, economic data weigh
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- US dollar briefly falls vs yen after GDP data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Facebook (FB) PT Trimmed to $150 at UBS
November 3, 2016 8:28 AM EDTUBS analyst Eric Sheridan reiterated a Buy rating but trimmed his price target on Facebook (NASDAQ: FB) to $150.00 (from $155.00) following results.
Sheridan commented, "Facebook's Q3 earnings report & call presented two very different pictures and quickly resulted in the stock pricing in the worst-case... More
Facebook (FB) PT Lowered to $125 at BMO Capital
November 3, 2016 8:16 AM EDTBMO Capital analyst Daniel Salmon reiterated a Market Perform rating and lowered his price target on Facebook (NASDAQ: FB) to $125.00 (from $145.00) following results.
Salmon commented, "After noting a leveling off in ad load growth in 2H17 on last quarter's call, this quarter's forward... More
Facebook (FB) Bullish View Reiterated at Jefferies, Est. Raised
November 3, 2016 6:46 AM EDTJefferies analyst Brian Fitzgerald reiterated a Buy rating and $170 price target on Facebook (NASDAQ: FB) following results, saying it is the
Fitzgerald commented, "Back in Jan. we said the '15 holidays would be remembered as a watershed moment for mobile... More
Facebook (FB): Cutting Estimates But Buy The Weakness - Mizuho
November 3, 2016 6:23 AM EDTMizuho Securities analyst, Neil Doshi, reiterated his Buy rating on shares of Facebook (NASDAQ: FB) and cut his price target to $146 after concerns about 2017 being an investing year took 7% out of the stock price after earnings.
The analyst stated "there are a... More
Facebook (FB): Video First Ensures Growth Despite Falling Ad Loads - Needham
November 3, 2016 6:12 AM EDTNeedham & Company analyst, Laura Martin, reiterated her Buy rating on shares of Facebook (NASDAQ: FB) and suggests investors use the weakness to take positions. The analyst believes that FB's continuing shift toward "Video first" coupled with its dominant mobile strategic position for advertisers... More
Facebook (FB) Tops Q3 EPS by 12c; Mobile DAUs Up 22%
November 2, 2016 4:05 PM EDT(Updated - November 2, 2016 4:08 PM EDT)
Facebook (NASDAQ: FB) reported Q3 EPS of $1.09, $0.12 better than the analyst estimate of $0.97. Revenue for the quarter came rose 56% to $7.011 billion versus the consensus estimate of $6.92 billion.
"We had another good quarter," said Mark Zuckerberg, Facebook... More