Facebook invests billions in metaverse efforts as ad business slows
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Facebook (FB) PT Lowered to $420 at Jefferies
October 26, 2021 7:41 AM EDTJefferies analyst Brent Thill lowered the price target on Facebook (NASDAQ: FB) to $420.00 (from $440.00) while maintaining a Buy rating.
The analyst commented, "At first glance, Q3 results were mostly negative with a 2% rev miss, Q4 rev guidance 5% below street (at midpoint),... More
UPDATE: Facebook's (FB) IDFA Woes are a Bump in the Road to Metaverse, PT Raised to $400 at BofA Securities
October 26, 2021 5:46 AM EDT(Updated - October 26, 2021 6:29 AM EDT)
BofA Securities analyst Justin Post raised the price target on Facebook (NASDAQ: FB) to $400.00 (from $385.00) while maintaining a Buy rating after the company reported revenue of $29.0bn, (+35% y/y) below the Street at $29.6bn. Ad... More
Facebook (FB) PT Lowered to $410 at Raymond James
October 26, 2021 5:28 AM EDTRaymond James analyst Aaron Kessler lowered the price target on Facebook (NASDAQ: FB) to $410.00 (from $450.00) while maintaining a Strong Buy rating.
The analyst commented, "Facebook reported 3Q results below consensus, but better than feared following last weeks commentary from SNAP on the... More
