Facebook (FB) PT Lowered to $195 at Baird on Q2 Report; 'Shares are Moving to the Penalty Box'

Facebook (FB) PT Lowered to $200 at Oppenheimer

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

Facebook (FB) PT Lowered to $200 at Piper Jaffray on Q2 Report; 'GDPR, Promotion of Stories & FX Drive Miss, Guide Down'

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

Facebook (FB) PT Lowered to $185 at Morgan Stanley

Morgan Stanley lowered its price target on Facebook (NASDAQ: FB) to $185.00 (from $215.00) while maintaining a Overweight rating.

Facebook sends Nasdaq tumbling, but trade optimism boosts Dow

By April Joyner

NEW YORK (Reuters) - A plunge in Facebook Inc's (NASDAQ: FB) shares pushed the Nasdaq down more than 1 percent on Thursday, the index's biggest one-day drop in a month, but industrial stocks rose after the United States and the European Union said they would negotiate on trade.

Facebook shares dived 19.0 percent, their biggest ever one-day percentage drop, after the social media giant forecast years of lower profit margins. The decline in Facebook shares weighed on the S&P 500 technology index , which dropped 1.6 percent.

Shares of... More

Facebook (FB) PT Lowered to $205 at Monness, Crespi, Hardt

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

Needham & Company Reiterates Buy on Facebook (FB) Following In-Line 2Q

Needham & Company reiterated a Buy rating and $215.00 price target on Facebook (NASDAQ: FB) following the company's 2Q earnings report. FB reported 2Q18 revenue of $13.2B (up 42% y/y and 2% above Needham's estimate), Income from Operations of $5.9B (up 33% y/y and 2% below... More

Facebook (FB) PT Lowered to $140 at Pivotal Research Following 2Q

Pivotal Research lowered its price target on Facebook (NASDAQ: FB) to $140.00 (from $142.00) while maintaining a Sell rating following 2Q. Facebooks 2Q18 revenue was up by +42% with foreign exchange contributing $370mm, or nearly +3% of the figure. Reuters consensus called for +43% revenue growth and our... More

Facebook (FB) PT Lowered to $225 at RBC Capital; 'One of the Best Entry Points'

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

Facebook (FB) PT Lowered to $202 at Stifel Following 2Q

Stifel lowered its price target on Facebook (NASDAQ: FB) to $202.00 (from $242.00) while maintaining a Buy rating following the company's 2Q earnings report. Facebook reported 2Q total revenue growth of +42% y/y (to $13.2B, +38% y/ y ex-FX) below the Streets +43% y/y expectation. Ad revenue... More

Susquehanna Remains Bullish on Facebook (FB) Following 2Q

Susquehanna reiterated a Positive rating and $250.00 price target on Facebook (NASDAQ: FB) following the company's 2Q.

Reported revenue was ~1% below consensus, though it appears to have been negatively impacted by approximately two points from FX. EBITDA was modestly ahead by 1%.

For an... More

Facebook (FB) PT Lowered to $220 at Wells Fargo

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

Facebook (FB) PT Lowered to $225 at Credit Suisse Following 2Q

Credit Suisse lowered its price target on Facebook (NASDAQ: FB) to $225.00 (from $265.00) while maintaining a Outperform rating following the company's 2Q earnings report. FB reported revenues and Adjusted EPS of $13.2b/$2.11 vs consensus estimates of $13.3b/$2.01.

3Q18 estimates for revenues, adjusted EBITDA, and... More

Facebook (FB) PT Lowered to $190 at Macquarie Following 2Q Report

Macquarie lowered its price target on Facebook (NASDAQ: FB) to $190.00 (from $220.00) while maintaining a Outperform rating following the company's 2Q. Revenues and EPS were 4.2% and $0.07 below expectations, respectively. Analyst Benjamin Schachter thinks the headlines and selloff present a buying opportunity.

Schachter suspects concerns... More

Facebook (FB) PT Lowered to $210 at Citi

Citi lowered its price target on Facebook (NASDAQ: FB) to $210.00 (from $220.00) while maintaining a Buy rating.

Nomura/Instinet Downgrades Facebook (FB) to Neutral

Nomura/Instinet downgraded Facebook (NASDAQ: FB) from Buy to Neutral with a price target of $183.00 (from $228.00).

Analyst Mark Kelley comments "Though management is likely being overly conservative, in our view, our model has taken on an entirely new revenue growth and... More

Facebook (FB) PT Lowered to $205 at Deutsche Bank

Deutsche Bank lowered its price target on Facebook (NASDAQ: FB) to $205.00 (from $235.00) while maintaining a Buy rating.

Facebook (FB) PT Lowered to $215 at KeyBanc

KeyBanc lowered its price target on Facebook (NASDAQ: FB) to $215.00 (from $245.00) while maintaining a Overweight rating.

Facebook (FB) PT Lowered to $200 at Cowen

Cowen lowered its price target on Facebook (NASDAQ: FB) to $200.00 (from $235.00) while maintaining a Outperform rating.

Facebook (FB) PT Lowered to $200 at Canaccord Genuity

Canaccord Genuity lowered its price target on Facebook (NASDAQ: FB) to $200.00 (from $240.00) while maintaining a Buy rating.

Facebook (FB) option implied volatility elevated into lower guidance

Facebook (NASDAQ: FB) July weekly call option implied volatility is at 94, August is at 34; compared to its 52-week range of 16 to 44 into less than expected guidance.

Facebook (FB) PT Lowered to $205 at JPMorgan, Removed from Analyst Focus List

JPMorgan lowered its price target on Facebook (NASDAQ: FB) to $205.00 (from $242.00) while maintaining a Overweight rating and removing the name from Analyst Focus List.

Analyst Doug Anmuth comments "While Stories represent a newer surface for FB to monetize, we believe Stories are also... More

UPDATE: UBS Downgrades Facebook (FB) to Neutral

(Updated - July 26, 2018 6:28 AM EDT)

(updated to add analyst comment)

UBS downgraded Facebook (NASDAQ: FB) from Buy to Neutral with a price target of $180.00 (from $212.00).

Analyst Eric Sheridan cites a more balanced risk/reward offing as strong momo at Instagram is balanced... More

UPDATE: Raymond James Downgrades Facebook (FB) to Outperform

(Updated - July 26, 2018 6:30 AM EDT)

(updated to add analyst comment and price target)

Raymond James downgraded Facebook (NASDAQ: FB) from Strong Buy to Outperform, price target $210.00 (from $240.00)

Analyst Aaron Kessler cites increased NT uncertainty on rev growth, slowing user growth and lower... More

Active options: FB AMD T BAC AAPL BABA NXPI MSFT GM MU

Active options: FB AMD T BAC AAPL BABA NXPI MSFT GM MU

Options expected to be active: FB NXPI QCOM UAA UA

Options expected to be active: FB NXPI QCOM UAA UA

After-Hours Stock Movers 7/25: (PCMI) (ARNC) (XLNX) Higher; (FB) (MHK) (MAT) Lower (more...)

Today's After-Hours Movers

Facebook (NASDAQ: FB) 20.7% LOWER; reported Q2 EPS of $1.74, $0.02 better than the analyst estimate of $1.72. Revenue for the quarter came in at $13.23 billion versus the consensus estimate of $13.36 billion. On its call, Facebook 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.

PCM, Inc. (NASDAQ: PCMI) 17.5% HIGHER; reported Q2 EPS of $0.82, $0.27 better than the analyst estimate of $0.55. Revenue for the... More

Facebook (FB) Warns Revenue Growth to Slow

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%.

Facebook (FB) Shares Plunge 16% Post-Market Following Earnings

Facebook (NASDAQ: FB) Shares Plunge 16% Post-Market Following Earnings

Facebook (FB) Tops Q2 EPS by 2c, Revenues Miss; Warns Revenue Growth to Slow

Facebook (NASDAQ: FB) reported Q2 EPS of $1.74, $0.02 better than the analyst estimate of $1.72. Revenue for the quarter came in at $13.23 billion versus the consensus estimate of $13.36 billion.

On its call, Facebook said it expects revenue growth rates will decline by high single-digit... More

Facebook (FB) call put ratio 2.14 calls to 1 put into EPS and outlook

Facebook (NASDAQ: FB) July weekly call option implied volatility is at 94, August is at 35; compared to its 52-week range of 16 to 44 into the expected release of Q2 today after the market close.

Facebook (FB) weekly option implied volatility elevated into EPS and outlook

Facebook (NASDAQ: FB) July weekly call option implied volatility is at 91, August is at 35; compared to its 52-week range of 16 to 44 into the expected release of Q2 today the market close. Call put ratio 2.1 calls to 1 put.

China is Said to Pull Approval for New Facebook (FB) Venture - NYT

China is Said to Pull Approval for New Facebook (NASDAQ: FB) Venture - NYT

Facebook (FB) PT Raised to $210 at BMO Capital

BMO Capital raised its price target on Facebook (NASDAQ: FB) to $210.00 (from $170.00) while maintaining a Market Perform rating.

Analyst Dan Salmon commented, "In this 60-page deep dive, we break out Facebook and Instagram advertising revenue by placement (i.e., Feed) and... More

Wall St. rises as Trump touts EU trade concessions

By April Joyner

NEW YORK (Reuters) - Wall Street rose on Wednesday as U.S. President Donald Trump secured concessions from the European Union on trade, while a disappointing quarterly report from Facebook (NASDAQ: FB) after the bell slammed its stock and threatened to put the brakes on a tech rally.

The benchmark S&P 500 jumped more than half a percent in the last half-hour of trading on news of the concessions and closed at its highest level since Jan. 29. Trump said that the United States and the European Union had agreed... More

Facebook removes pages of Brazil activist network before elections

By Brad Haynes

SAO PAULO (Reuters) - Facebook Inc (NASDAQ: FB) on Wednesday took down a network of pages and accounts used by a right-wing Brazilian activist group, cracking down on what it called a misinformation network ahead of elections in October.

Facebook said in a statement that it deactivated 196 pages and 87 accounts in Brazil for their part in "a coordinated network that hid behind fake Facebook accounts and misled people about the nature and origin of its content, all for the purpose of sowing division and spreading misinformation."

The... More

Facebook (FB) call put ratio 1.9 calls to 1 put into EPS and outlook

Facebook (NASDAQ: FB) July weekly call option implied volatility is at 76, August is at 34; compared to its 52-week range of 16 to 44 into the expected release of Q2 today the market close.

Active options: FB BAC AAPL TSLA MU NFLX AMD BABA

Active options: FB BAC AAPL TSLA MU NFLX AMD BABA

U.S.-EU trade deal pushes stock rally to fourth day

By Trevor Hunnicutt

NEW YORK (Reuters) - Global stocks extended their rally into a fourth consecutive day on Wednesday after U.S. President Donald Trump and the European Union reached an agreement that investors hope will avert a trade war.

Trump and the European Commission's chief, Jean Claude-Juncker, agreed to work to lower industrial tariffs on both sides and to increase European imports of liquefied natural gas and soybeans from the United States, among other measures, the U.S. president said in a news conference.

The Dow Jones Industrial Average rose 172.16 points, or 0.68 percent, to 25,414.1, the... More

Facebook signs agreement with Washington state to end discriminatory ad targeting

(Reuters) - Facebook Inc (NASDAQ: FB) has signed an agreement with the state of Washington to stop third-party advertisers in the United States from excluding protected groups from seeing their ads, the Washington State Attorney General said on Tuesday.

Facebook confirmed the agreement with the... More

Active options: FB BAC AAPL BABA MU INTC NFLX TSLA GOOGL AMD

Active options: FB BAC AAPL BABA MU INTC NFLX TSLA GOOGL AMD

S&P reaches highest level since February as Alphabet shares soar

By April Joyner

NEW YORK (Reuters) - The S&P 500 on Tuesday closed at its highest level since Feb. 1 as Alphabet's blowout results bolstered expectations of a robust earnings season.

Alphabet Inc (NASDAQ: GOOGL) shares touched a record high of $1,275.00 after the online search company's quarterly results surpassed Wall Street estimates. The shares closed up 3.9 percent at $1,258.15.

Google's parent company was the biggest boost to the S&P 500. Others in the FANG group of momentum stocks rose as well. Shares of Facebook Inc (NASDAQ: FB) and Amazon... More

Facebook (FB) weekly option implied volatility elevated into EPS

Facebook (NASDAQ: FB) July weekly call option implied volatility is at 66, August is at 34; compared to its 52-week range of 16 to 44 into the expected release of Q2 after the market close on July 25.