Facebook (FB) Tops Profit and Revenue Estimates, But Shares Lower on Warning of Significant Growth Slowdown, Analyst Still Raises PT to a New 'Street High'
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Facebook (FB) PT Raised to $450 at Guggenheim
July 29, 2021 8:56 AM EDTGuggenheim analyst Michael Morris raised the price target on Facebook (NASDAQ: FB) to $450.00 (from $410.00) while maintaining a Buy rating.
The analyst commented, "Facebook reported its third consecutive quarter of 31% two-year ad CAGR with acceleration in revenue growth and DAU/MAUs trends that were... More
Facebook (FB) PT Raised to $500 at Monness, Crespi, Hardt, Matching 'Street High'
July 29, 2021 7:57 AM EDTMonness, Crespi, Hardt analyst Brian White raised the price target on Facebook (NASDAQ: FB) to $500.00 (from $460.00) while maintaining a Buy rating.
The analyst commented, "Facebook reported strong 2Q:21 results and unveiled its vision for the future; however, recent upside in the digital ad world... More
Facebook (FB) PT Raised to $425 at Jefferies
July 29, 2021 7:55 AM EDTJefferies analyst Brent Thill raised the price target on Facebook (NASDAQ: FB) to $425.00 (from $400.00) while maintaining a Buy rating.
The analyst commented, "e are positive on Q2 results, as 56% y/y rev growth (vs. street's +49%) at a 43% GAAP op. margin represents the... More
