Facebook (FB) PT Raised to $140 at Evercore ISI Amid 'Blowout' Qtr
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Facebook's (FB) Price Target Raised to $145 at Deutsche Bank
January 28, 2016 8:59 AM ESTDeutsche Bank maintained a Buy rating on Facebook (NASDAQ: FB) and raised its price target to $145.00 (from $125.00). The change follows strong Q4 results. Analyst Ross Sandler noted that this was Facebook's biggest upside print in three years.
"The bull case on... More
Facebook's (FB) Expense Guidance Better than Feared - Raymond James
January 28, 2016 8:42 AM ESTRaymond James analyst, Aaron Kessler increased his estimates and price target on Facebook (NASDAQ: FB) after expense guidance was better than feared. 2016/2017 revenue estimates rise by 8.4%/9.5% and 2016/2017 EPS estimates increase from $3.03/$3.89 to $3.41/4.56. The price target for FB goes to $125 (~27x 2017 EPS) from $120, which implies a PEG of ~1x, with Internet companies typically trading in a range of 1-1.5x.
Facebook reported a strong 4Q marked by accelerating... More
Facebook (FB): Heavy Investment More than Offset By Accelerating Rev Growth - Baird
January 28, 2016 8:09 AM ESTBaird analyst, Colin Sebastian, highlighted Facebook (NASDAQ: FB) as its top pick after accelerating revenue growth and margins came in ahead of expectations. No change to Outperform rating but the price target increases to $120 from $116.
Mobile momentum drove Q4 upside. Q4 revenues and EPS of $5.8 billion (+60% Y/Y ex-FX vs. +51% in 3Q15) and $0.79 were above consensus of $5.3 billion and $0.68. Key highlights include mobile ad... More
Jefferies Boosts PT on Facebook (FB) to $145
January 28, 2016 7:44 AM ESTJefferies US Internet Team reiterated a Buy rating and boosted its price target on Facebook (NASDAQ: FB) to $145.00 (from $135.00) following strong reslts.
The analysts commented: "This 2015 holiday season could be remembered as a watershed moment when advertisers truly embraced mobile... More
Mobile, Instagram Drives Facebook's (FB) Big Beat, Piper Jaffray's Munster Comments; PT Raised to $170
January 28, 2016 7:28 AM ESTPiper Jaffray analyst Gene Munster reiterated an Overweight rating and boosted his price target on Facebook (NASDAQ: FB) to $170.00 (from $155.00) following strong results after the close as mobile/Instagram adds fuel to revenue growth rate.
Munster commented, "Facebook beat Q4 revenue estimates by 9% driven by... More
RBC's Mahaney Raises Facebook (FB) PT to $160
January 28, 2016 6:57 AM ESTRBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Facebook (NASDAQ: FB) to $160.00 (from $130.00) following strong results after the close.
Mahaney commented, "FB reported Strong Beat Q4 results, with Revenue 9% above the Street and Operating Income 16% above the Street, an impressive result, in our view. Intrinsic fundamentals were also very impressive. 66%! That was both the... More
Facebook (FB) PT Raised to $150 at Macquarie Amid 'Remarkably Strong Quarter'
January 28, 2016 6:22 AM ESTMacquarie analyst Ben Schachter reiterated an Outperform rating and boosted his price target on Facebook (NASDAQ: FB) to $150.00 (from $120.00) following results.
Schachter commented, "Facebook posted a remarkably strong quarter in terms of across the board revenue strength as well as opex controls. The revenue reacceleration was a complete surprise and highlights FBs utility for advertisers around the world. Importantly, mgmt commentary on 16 revs and... More
Facebook (FB) PT Raised to $140 at Credit Suisse on Strong Q4
January 28, 2016 6:18 AM ESTCredit Suisse analyst S. Ju reiterated an Outperform rating and boosted its price target on Facebook (NASDAQ: FB) to $140.00 (from $135.00) following strong results after the close.
Ju commented, "Facebook reported better-than-expected results with revenue and Adj. EPS of $5.84b and $0.79 respectively vs. cons... More
Facebook (FB) Tops Q4 EPS by 11c
January 27, 2016 4:06 PM ESTFacebook (NASDAQ: FB) reported Q4 EPS of $0.79, $0.11 better than the analyst estimate of $0.68. Revenue for the quarter came in at $5.84 billion versus the consensus estimate of $5.37 billion.
For Q4:
Mobile advertising revenue Mobile advertising revenue represented approximately 80%... More
