Facebook (FB) PT Maintained at $215 at Citi on 4Q Preview; Digital Agency Checks Suggest '~4% Upside to Consensus Total Revenue Estimate'

Facebook (FB) PT Raised to $265 at BofA/Merrill Lynch on 4Q BEat; 'Pricing Tailwinds Accelerated... Instagram Momentum Remains Solid'

February 1, 2018 6:47 AM EST

BofA/Merrill Lynch raised its price target on Facebook (NASDAQ: FB) to $265.00 (from $230.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Justin Post notes a positive outlook on the shares, as FB reported fourth quarter earnings per share and... More

Facebook (FB) PT Maintained at $230 at Canaccord Genuity on 4Q Preview; 'Multi-Faceted Growth Story is Still Intact'

January 30, 2018 12:05 PM EST

Canaccord Genuity maintained its price target on Facebook (NASDAQ: FB) at $230.00 while maintaining a Buy rating, ahead of the company's fourth quarter earnings report.

Analyst Michael Graham notes the company's "multi-faceted growth story is still intact' ahead of the company's fourth quarter earnings... More

Dow, S&P 500 suffer worst one-day fall in five months as Apple drags

January 29, 2018 7:42 AM EST

By Stephen Culp

NEW YORK (Reuters) - Wall Street pulled back from record highs on Monday, with the Dow and the S&P 500 indexes marking their biggest one-day percentage declines in about five months, weighed down by a slide in Apple shares.

Shares of Apple (NASDAQ: AAPL) fell 2.1 percent on news that the company will halve production of its $999 iPhone X smartphone. The company is due to report earnings on Thursday.

"The market's responding to the question of what Apple's earnings are going to look like, specifically... More

UPDATE: Facebook (FB) PT Raised to $225 at Deutsche Bank on 4Q Preview; 'Ad Checks Point to Robust 4Q Revenue Growth & Strong Ad Budget Growth'

January 29, 2018 6:09 AM EST

(Updated - January 29, 2018 6:11 AM EST)

Deutsche Bank raised its price target on Facebook (NASDAQ: FB) to $225.00 (from $220.00) while maintaining a Buy rating, ahead of the company's fourth quarter earnings report on February 1 after the market close.

Analyst Llyoyd Walmsley... More

Global stocks slip as Treasury yields hit three-year highs

January 28, 2018 7:30 PM EST

By Herbert Lash

NEW YORK (Reuters) - Global equity markets eased on Monday and U.S. Treasury yields surged to more than three-year highs after remarks by a European Central Bank official added to expectations that central banks globally will reduce stimulus as the economic outlook improves.

U.S. stocks fell on news that Apple (NASDAQ: AAPL) will halve the production target for its flagship iPhone X this quarter.

The report from Nikkei added to growing concerns about weak sales of the $999 phone ahead of Apple's quarterly results slated for... More