Facebook Reports Fourth Quarter and Full Year 2016 Results
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Facebook (FB) PT Raised to $175 at Wedbush
February 2, 2017 6:43 AM ESTWedbush raised its price target on Facebook (NASDAQ: FB) to $175.00 (from $162.00) while maintaining a Outperform rating.
Analyst Michael Pachter commented, "Facebook has a huge competitive advantage with nearly 1.9 billion monthly active users and over 1.2 billion daily active users, attracting 4 million advertisers to its... More
Facebook (FB) PT Raised to $175 at Cantor Fitzgerald
February 2, 2017 6:25 AM ESTCantor Fitzgerald raised its price target on Facebook (NASDAQ: FB) to $175.00 (from $170.00) while maintaining a Overweight rating.
Analyst Youssef Squali commented, " We maintain an Overweight and raise our PT to $175 from $170 to reflect another strongerthan-expected quarter, driven by 1) accelerating MAU growth and steady engagement, 2)... More
Facebook (FB) PT Raised to $165 at Instinet
February 2, 2017 6:23 AM ESTInstinet raised its price target on Facebook (NASDAQ: FB) to $165.00 (from $155.00) while maintaining a Buy rating.
Analyst Anthony DiClemente commented, "Facebook's 4Q results provided clean upside to our above-consensus forecast, as user growth once again accelerated and ongoing strength in the platform drove... More
Facebook (FB) Sees 2017 GAAP Expenses Up 40-50%
February 1, 2017 5:27 PM ESTOn call, Facebook (NASDAQ: FB) said it plans to accelerate hiring further. Expects that full year 2017 GAAP expenses will grow 40-50% versus 2016.
... MoreFacebook (FB) Tops Q4 EPS by 10c
February 1, 2017 4:01 PM ESTFacebook (NASDAQ: FB) reported Q4 Non-GAAP EPS of $1.41, $0.10 better than the analyst estimate of $1.31. Revenue for the quarter came in at $8.81 billion versus the consensus estimate of $8.51 billion.
Mobile advertising revenue Mobile advertising revenue represented approximately 84% of advertising revenue for the fourth quarter of 2016,... More