Argus Upgrades Facebook (FB) to Buy
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- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
Wells Fargo Likes Facebook's (FB) New Smartphone Strategy
April 5, 2013 10:00 AM EDTWells Fargo today maintained an Outperform rating on Facebook (NASDAQ: FB) with a price target of $36 to $39. Yesterday Facebook revealed its new Facebook Home launcher app designed to enhance social networking features on Android phones. Previously CEO Mark Zuckerberg downplayed the possibility that Facebook... More
UPDATE: Oracle Investment Research Starts Facebook (FB) at Strong Buy
April 5, 2013 6:39 AM EDT(Updated - April 5, 2013 9:49 AM EDT)
Oracle Investment Research initiated coverage on Facebook (NASDAQ: FB) with a Strong Buy rating and a price target of $38.00.
Analysts said, "We think the new 'Facebook Home' hit a home run with their new HTC... More