JPMorgan Lifts PT on Facebook (FB) to $35; More Positive in 2013 on Mobile Monetization
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities turn lower, as fragile yen remains on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- 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
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Traders Remain Cautious on Strong Facebook (FB) Move Today
January 2, 2013 11:14 AM ESTFacebook (Nasdaq: FB) is comfortably higher on the session today following positive comments and price target... More
Cowen Starts Facebook (FB) at Neutral
January 2, 2013 8:04 AM ESTCowen assumes coverage on Facebook (NASDAQ: FB) with a Neutral.
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 $25.91 yesterday, with a 52 week range of $17.55-$42.99.... More
UPDATE: BMO Capital Upgrades Facebook (FB) to Outperform, Ad Dollars Accelerating
December 31, 2012 7:15 AM EST(Updated - December 31, 2012 9:21 AM EST)
BMO Capital upgraded Facebook (NASDAQ: FB) from Underperform to Outperform in resumed coverage after a two-month restriction. The firm also hiked its price target from $15 to $32.
Analyst Daniel Salmon believes the company is "experiencing a reacceleration of ad spending from large brands that are returning for mobile "reach & frequency" and more video ads." The analyst also believes direct response... More