Facebook (FB) Tops Q3 EPS by 29c, Revenue Misses Views
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October 31, 2018 7:50 AM EDT
Morgan Stanley analyst Brian Nowak lowered the price target on Facebook (NASDAQ: FB) to $170.00 (from $175.00) while maintaining an Overweight rating following the company's 3Q earnings report.
FB's '19 opexgrowth/capexguide of 40-50%/$18-20bn signal another year of investment for the company. Key... More
October 31, 2018 7:49 AM EDT
Monness, Crespi, Hardt analyst Brian White lowered the price target on Facebook (NASDAQ: FB) to $190.00 (from $205.00) while maintaining a Buy rating, saying results were "less scary than expected."
White commented, "Last night, Facebook reported 3Q:18 results that essentially met our expectations and the... More
October 31, 2018 6:28 AM EDT
Susquehanna analyst Shyam Patil lowered the price target on Facebook (NASDAQ: FB) to $220.00 (from $250.00) while maintaining a Positive rating following results.
"2019 should see bottoming out for margins and pace of revenue growth decelerate," the analsyt commented. "We are buyers."
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