Facebook shares jump 15.5 percent after strong results

Canaccord Genuity Remains Sidelined as eBay's (EBAY) Transformation Gains Traction

Canaccord Genuity reiterated a Hold rating on eBay (NASDAQ: EBAY), and cut the price target to $26.00 (from $28.00), following the company's mixed 4Q earnings results. As GMV growth remains challenged, largely influenced by the strengthening USD. The multi-year effort to transform eBay's global listings into a... More

Jefferies Says eBay's (EBAY) Full Recovery Will Take Time - PT to $25

Jefferies reiterated a Hold rating on eBay (NASDAQ: EBAY), and cut the price target to $25.00 (from $28.00), following the company's 4Q earnings report. eBay reported net revenue of $2.32B, in line with consensus estimates at $2.32B and at the high end of guidance. Non-GAAP EPS of... More

Facebook's (FB) Price Target Raised to $145 at Deutsche Bank

Deutsche 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

Raymond 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

FX Pressures eBay (EBAY) Price Target - Susquehana

Susquehana analyst, Shyam Patil, maintained his Positive rating on eBay (NASDAQ: EBAY) but reduced the price target due to FX headwinds.

Revenue of $2.32b was in line with consensus. Opex came in 2% below expectations, driving non-GAAP operating income to come in ~5%... More

Facebook (FB): Heavy Investment More than Offset By Accelerating Rev Growth - Baird

Baird 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

Jefferies 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

Piper 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

Mizuho Securities Cuts Price Target on eBay (EBAY) Following an In-Line 4Q and Disappointing Guide

Mizuho Securities reiterated a Neutral rating on eBay (NASDAQ: EBAY), and cut the price target to $26.00 (from $29.00), following the company's 4Q earnings report. The company reported net revenue and Non-GAAP EPS of $2.32b and $0.50, which was in-line with Street's revenue and EPS estimates. For 1Q16,... More