Facebook (FB) PT Raised to $325 at Rosenblatt

Facebook (FB) PT Raised to $320 at RBC Capital

July 31, 2020 8:05 AM EDT

RBC Capital analyst Mark Mahaney raised the price target on Facebook (NASDAQ: FB) to $320.00 (from $271.00) while maintaining an Outperform rating.

The analyst commented, "FB printed Better Than Hoped (BTH) Q2 results, beating RBC/Street on Revenue and Op Inc thanks to accelerated user & engagement... More

Nasdaq surges on megacap earnings but U.S. fiscal uncertainty nags

July 31, 2020 6:43 AM EDT

By Chuck Mikolajczak

NEW YORK (Reuters) - The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but the Dow and S&P finished with smaller gains as uncertainty about the government's next round of coronavirus aid kept economic worries on the radar.

Apple Inc shares surged 10.5% to close at a record $425.04 in the wake of blowout quarterly results and a four-for-one stock split announcement.

Amazon.com Inc gained 3.7% after posting its biggest profit ever while Facebook jumped 8.2% after the social media platform blew past revenue expectations.

... More

Facebook (FB) PT Raised to $303 at Goldman Sachs on as Digital Shift Accelerates

July 31, 2020 6:20 AM EDT

Goldman Sachs analyst Heather Bellini raised the price target on Facebook (NASDAQ: FB) to $303.00 (from $265.00) after the comany reported revenue 8% above FactSet consensus and EPS $0.41 above. Total ad revenue of $18.3bn beat FactSet consensus of $16.9bn resulting in a ~$1,374mn beat versus last quarters... More

Facebook (FB) PT Raised to $290 at BofA Securities

July 31, 2020 6:12 AM EDT

BofA Securities analyst Justin Post raised the price target on Facebook (NASDAQ: FB) to $290.00 (from $265.00) while maintaining a Buy rating.... More

Facebook (FB) PT Raised to $315 at Credit Suisse

July 31, 2020 6:07 AM EDT

Credit Suisse analyst Stephen Ju raised the price target on Facebook (NASDAQ: FB) to $315.00 (from $305.00) while maintaining a Outperform rating.... More

Facebook (FB) PT Raised to $225 at BMO Capital

July 31, 2020 5:28 AM EDT

BMO Capital analyst Daniel Salmon raised the price target on Facebook (NASDAQ: FB) to $225.00 (from $220.00) while maintaining a Market Perform rating.... More

Facebook (FB) PT Raised to $275 at Pivotal Research

July 31, 2020 4:45 AM EDT

Pivotal Research analyst Michael Levine raised the price target on Facebook (NASDAQ: FB) to $275.00 (from $225.00) while maintaining a Hold rating.... More

European stocks suffer monthly decline as growth worries come to fore

July 31, 2020 4:31 AM EDT

By Sruthi Shankar

(Reuters) - European stocks posted their first monthly decline since a market selloff in March on Friday as growing doubts over a global recovery from the coronavirus crisis overshadowed a batch of strong earnings from technology firms.

The pan-European STOXX 600 index gave up early gains to close 0.9% lower, pressured by a weak open for Wall Street as optimism from stellar earnings reports from big tech names Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL) and Facebook (NASDAQ:... More

Facebook (FB) PT Raised to $285 at Morgan Stanley

July 31, 2020 4:18 AM EDT

Morgan Stanley analyst Brian Nowak raised the price target on Facebook (NASDAQ: FB) to $285.00 (from $270.00) while maintaining a Overweight rating.... More

Facebook (FB) PT Raised to $305 at JMP Securities

July 31, 2020 4:16 AM EDT

JMP Securities analyst Ronald Josey raised the price target on Facebook (NASDAQ: FB) to $305.00 (from $250.00) while maintaining a Market Outperform rating.... More

Facebook (FB) PT Raised to $285 at Barclays

July 31, 2020 4:15 AM EDT

Barclays analyst Ross Sandler raised the price target on Facebook (NASDAQ: FB) to $285.00 (from $275.00) while maintaining a Overweight rating.... More