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Oppenheimer lowered its price target on Facebook (NASDAQ: FB) to $200.00 (from $225.00) while maintaining a Outperform rating.
Analyst Jason Helfstein commented, "Decreasing target to $200 from $225 and maintaining our Outperform rating after Facebook reported light 2Q:18 results, challenging 2H:18 revenue outlook and expects 35% LT... More
Piper Jaffray lowered its price target on Facebook (NASDAQ: FB) to $200.00 (from $250.00) while maintaining a Overweight rating, following the company's second quarter earnings report and cautious forward looking commentary from management.
Analyst Michael Olson notes a negative outlook on the shares, as FB management... More
Baird lowered its price target on Facebook (NASDAQ: FB) to $195.00 (from $210.00) while maintaining a Outperform rating, following the company's second quarter earnings report.
Analyst Colin Sebastian notes a negative outlook on the shares, as FB management disclosed to investors "a significant... More
Monness, Crespi, Hardt lowered its price target on Facebook (NASDAQ: FB) to $205.00 (from $225.00) while maintaining a Buy rating.
Analyst Brian White commented, "Last night, Facebook delivered muted 2Q:18 results and provided cautious commentary around 2H2018, while unveiling a conservative, longer-term operating target.... More
RBC Capital lowered its price target on Facebook (NASDAQ: FB) to $225.00 (from $250.00) while maintaining an Outperform rating.
Analyst Mark Mahaney said they see the outlook as overly conservative and are buyers on weakness.
Mahaney listed the following reasons not to... More
Wells Fargo lowered its price target on Facebook (NASDAQ: FB) to $220.00 (from $250.00) while maintaining a Outperform rating following the company's 2Q earnings report. 2Q18 results missed the Street for the first time in 12 quarters, and CFO Wehner indicated that 3Q18 and 4Q18 revenue growth... More
On its call, Facebook (NASDAQ: FB) said it expects revenue growth rates will decline by high single-digit percentages from prior quarters in Q3 and Q4. The company sees operating margins toward mid-30s. Shares are down 17.4%.
... More
