Facebook (FB) Says Reviewing Sen. Grassley Invite for Zuckerberg - Bloomberg

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Facebook (FB) PT Lowered to $215 at Aegis Capital

March 27, 2018 9:20 AM EDT

Aegis Capital lowered its price target on Facebook (NASDAQ: FB) to $215.00 (from $220.00) while maintaining a Buy rating after speaking with both users and SMB advertisers. Analyst Victor Anthony found that, with the exception of users tied to the media, the hyper-political types, and those with... More

Facebook (FB) PT Lowered to $210 at BofA/Merrill Lynch; 'Negative News Flow Continues... FTC Investigation Confirmed'

March 27, 2018 5:53 AM EDT

BofA/Merrill Lynch lowered its price target on Facebook (NASDAQ: FB) to $210.00 (from $230.00) while maintaining a Buy rating, following a recent update to the company's outlook.

Analyst Justin Post notes a reduced outlook on the shares, as FB continues to suffer from negative... More

Facebook CEO among those invited to testify at U.S. Senate hearing

March 26, 2018 1:18 PM EDT

By David Shepardson

WASHINGTON (Reuters) - The U.S. Senate Judiciary Committee said on Monday it had invited the chief executive officers of Facebook Inc (NASDAQ: FB), Alphabet Inc (NASDAQ: GOOGL) and Twitter Inc (NYSE: TWTR) to testify at an April 10 hearing on data privacy.

The hearing follows allegations that Cambridge Analytica, a British political consultancy, gained inappropriate access to data on 50 million Facebook users, prompting the Federal Trade... More