Facebook Reports Fourth Quarter and Full Year 2019 Results
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Facebook (FB) PT Raised to $265 at SunTrust
January 30, 2020 6:57 AM ESTSunTrust analyst Youssef Squali raised the price target on Facebook (NASDAQ: FB) to $265.00 (from $250.00) while maintaining a Buy rating.
The analyst comments "We remain bullish on FB/raise our PT to $265 from $250 following a 4Q19 beat across all financial/user metrics, despite... More
Facebook (FB) Tops Q4 EPS by 3c, DAUs were 1.66 billion on average
January 29, 2020 4:06 PM ESTFacebook (NASDAQ: FB) reported Q4 EPS of $2.56, $0.03 better than the analyst estimate of $2.53. Revenue for the quarter came in at $21.08 billion versus the consensus estimate of $20.89 billion.
Facebook daily active users (DAUs) DAUs were 1.66 billion on average for December 2019, an increase of 9%... More