Facebook (FB) PT Cut at SunTrust Despite Favorable Outlook Into Print
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Go back to Facebook (FB) PT Cut at SunTrust Despite Favorable Outlook Into Print
January 25, 2016 9:52 AM EST
Rosenblatt reiterated a Buy rating and $125.00 price target on Facebook (NASDAQ: FB) ahead of the company's 4Q earnings report. Facebook is scheduled to report 4Q15 results after the market close this Wednesday. Rosenblatt says they will not be surprised if Facebook again projects higher... More
January 25, 2016 7:38 AM EST
FBR Capital analyst, William Bird, believes Facebook's (NASDAQ: FB) setup into the quarter is constructive and that Comscore usage trends, Nanagan's industry tracking data and the introduction of Instagram inventory bode well for the stock into earnings.
In the context of a less-than-certain macro environment, FB offers scarce large-cap media growth and attractive structural exposure to the rise in digital precision brand advertising, a... More
