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

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Facebook's (FB) Expense Guidance Better than Feared - Raymond James

January 28, 2016 8:42 AM EST

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

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

January 28, 2016 8:09 AM EST

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

January 28, 2016 7:44 AM EST

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

Facebook 'likes' push Wall Street higher

January 28, 2016 7:38 AM EST

By Noel Randewich

(Reuters) - Wall Street climbed on Thursday as a blockbuster quarterly report from Facebook drove tech shares higher and a bounce in oil prices propped up the beleaguered energy sector.

Facebook (NASDAQ: FB) surged 15.5 percent in its biggest one-day leap since 2013 after the digital advertising behemoth smashed expectations with a 52-percent jump in fourth-quarter revenue.

Helped also by a 4.28-percent gain in Alphabet (NASDAQ: GOOGL), the S&P tech sector surged 1.48 percent.

The S&P energy sector... More

RBC's Mahaney Raises Facebook (FB) PT to $160

January 28, 2016 6:57 AM EST

RBC 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 shares jump 15.5 percent after strong results

January 28, 2016 6:55 AM EST

By Sayantani Ghosh

(Reuters) - Facebook Inc (NASDAQ: FB) shares surged 15.5 percent on Thursday, their biggest percentage increase since July 2013, after the social networking service posted quarterly results that blew away expectations on every key measure.

Facebook shares closed at $109.11, putting its market capitalization at about $308.6 billion. That would make it the fourth most valuable technology company, overtaking Amazon.com Inc (NASDAQ: AMZN), which was valued at about $296 billion ahead of its results on... More

Facebook (FB) PT Raised to $150 at Macquarie Amid 'Remarkably Strong Quarter'

January 28, 2016 6:22 AM EST

Macquarie 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 EST

Credit 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) PT Raised to $140 at Evercore ISI Amid 'Blowout' Qtr

January 28, 2016 6:08 AM EST

Evercore ISI analyst Ken Sena reiterated a Buy rating and boosted his price target on Facebook (NASDAQ: FB) to $140.00 (from $130.00) following "blowout" results after the close.

Sena commented, "Facebooks quarter was a blowout with revenues increasing 60% x-FX vs. our / Street 48%. The advertiser is no longer... More

Facebook (FB) Sees Positive Trading Action Ahead of Q4 Report

January 27, 2016 2:58 PM EST

Facebook (NASDAQ: FB) is seeing some slightly positive trading action Wednesday ahead of its Q4 report, which is expected out after markets close.

Net money flow is positive $23.6 million for an uptick-to-downtick just about 1.1 times, suggesting strong buying pressure. Trading comes with Facebook shares... More