Raymond James Upgrades Facebook (FB) to Strong Buy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St set for higher open but weekly losses loom
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
Raymond James Pounds the Table on Facebook (FB) Ahead of Q1 Results, Upgrades to 'Strong Buy'
April 26, 2013 9:11 AM EDTFacebook (NASDAQ: FB) is getting a big vote of confidence Friday ahead of its first quarter results on May 1st. Raymond James analyst Aaron Kessler upgraded shares to a rare "Strong Buy," saying they are expecting ad strength in the quarter and believe shares have an attractive risk/reward profile.
Kessler cited four main reasons for his upgrade: 1) the expectation for increasing monetization driven by new ad formats (e.g. mobile app installs,... More
