Facebook (FB) Tops Q3 EPS by 12c; Mobile DAUs Up 22%
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November 3, 2016 11:05 AM EDT
Deutsche Bank maintained a Buy rating on Facebook (NASDAQ: FB) but lowered its price target to $150.00 (from $170.00). Shares declined following Q3 results, but analyst Ross Sandler noted that history suggests buying the dip.
"FB reported revenue/EPS that were 0.6%/10% above our estimates, and tad... More
November 3, 2016 8:16 AM EDT
BMO Capital analyst Daniel Salmon reiterated a Market Perform rating and lowered his price target on Facebook (NASDAQ: FB) to $125.00 (from $145.00) following results.
Salmon commented, "After noting a leveling off in ad load growth in 2H17 on last quarter's call, this quarter's forward... More
November 3, 2016 6:50 AM EDT
Nomura Securities analyst Anthony DiClemente commented on Facebook (NASDAQ: FB) following the sell-off following results, which related to good not being good enough.
DiClemente commented, "Facebook delivered 3Q revenue growth in line with estimates, as user growth accelerated and engagement... More
November 3, 2016 6:46 AM EDT
Jefferies analyst Brian Fitzgerald reiterated a Buy rating and $170 price target on Facebook (NASDAQ: FB) following results, saying it is the
Fitzgerald commented, "Back in Jan. we said the '15 holidays would be remembered as a watershed moment for mobile... More
