Facebook (FB) Q2 Revenue Tops Consensus

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Go back to Facebook (FB) Q2 Revenue Tops Consensus

Facebook (FB) PT Raised to $235 at Nomura/Instinet

July 25, 2019 7:10 AM EDT

Nomura/Instinet analyst Mark Kelly raised the price target on Facebook (NASDAQ: FB) to $235.00 (from $226.00) while maintaining a Buy rating following the company's 2Q earnings report. FB reported Ad Revenue of $16.6bn, vs. consensus of $16.2bn. EPS of $1.99 came in ahead of consensus of... More

Facebook (FB) PT Raised to $260 at RBC Capital

July 25, 2019 6:57 AM EDT

RBC Capital analyst Mark Mahaney raised the price target on Facebook (NASDAQ: FB) to $260.00 (from $250.00) while maintaining an Outperform rating.

The analyst commented, "FBs Q2 Revenue & Operating Income came in well above RBC/Street, with Ad Revenue growth acceling. DAUs &... More