JMP Securities Upgrades Facebook (FB) to Market Outperform
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Facebook (FB) is the Toast of Wall Street...Again
July 25, 2013 1:11 PM EDTFacebook (Nasdaq: FB) was the talk of the town Thursday following "blow-out" second quarter earnings results. The stock of the social media giant has not seen this much attention since its infamous IPO flop in May 2012. In its public debut, shares of Facebook priced to the public at $38 per share, opened at $42.05, and then went into a precipitous downward spiral - falling as low as $17.55. The IPO performance... More
Raymond James Boosts PT on Facebook (FB) to $38
July 25, 2013 12:00 PM EDTRaymond James analyst Aaron Kessler reiterated a Strong Buy rating and raised his price target on Facebook (NASDAQ: FB) from $37 to $38 following strong Q2.
Kessler comments, "Facebook reported a strong 2Q highlighted by strong mobile ad revenues (43% q/q) driven by strength from... More
Facebook (FB) Q2 Earnings 'Thesis-Changing' - JPMorgan
July 25, 2013 11:05 AM EDTAlong with most others on the Street, JPMorgan's Doug Anmuth raised his price target on Facebook (NASDAQ: FB) from $35 to $44 while reiterated an Overweight rating following second quarter earnings after the close. The firm said the company is starting to show the true potential of its ad platform.
... More
Facebook (FB) Delivers 'Blowout' Q2 Earnings; Well Defined Catalysts Ahead
July 25, 2013 9:15 AM EDTTopeka Capital analyst Victor Anthony reiterated a Buy rating and $40 price target on Facebook (NASDAQ: FB) following "blowout" Q2 earnings.
Anthony commented, "Facebook needed to, and delivered, a blowout quarter, which is certain to shift sentiment on the stock and the... More
Wells Fargo Boosts Numbers on Facebook (FB) Post Q3
July 25, 2013 8:29 AM EDTWells Fargo reiterated an Outperform rating and raised its valuation range on Facebook (NASDAQ: FB) to $36.00 to $38.00 from $30.00 to $32.00.
Analyst Peter Stabler comments, "Facebook's results underline our belief that brand participation on social platforms is now compulsory and applicable to products across the... More
Facebook (FB) Target Goes to $43 at Deutsche Bank Following Q2 Earnings
July 25, 2013 7:53 AM EDTDeutsche Bank raised its price target on Facebook (NASDAQ: FB) from $37 to $43 following Q2 earnings.
The analyst comments, "Facebook posted 12% and 20% upside to consensus (factset) revenue and EBITDA for 2Q, driven primarily by mobile ad revenue. Our bullish thesis on FB has been based... More
Facebook (FB) Numbers Ratcheted Higher at Goldman Sachs on Q2 Results, PT Goes to $46
July 25, 2013 7:51 AM EDTGoldman Sachs boosted its price target on Buy-rated Facebook (NASDAQ: FB) from $40 to $46 following solid Q2 results.
Analyst Heather Bellini comments, "Given the significant upside posted in 2Q13 coupled with continued solid data points from the field, we are raising our CY13 and CY14 revenue... More
Facebook (FB) Results 'Very Positive', PT Raised - BMO Capital
July 25, 2013 7:38 AM EDTBMO Capital raised its price target on Outperform-rated Facebook (NASDAQ: FB) price target of $37.00 (from $33.00). The firm raised FY 2014 EPS from $0.80 to $0.90, implying 32% growth.
Analyst Dan Salmon comments: "Very positive. The things that impressed us the most were 1) monetization: global advertising ARPU came in... More
Facebook (FB) PT Lifted to $37 at Needham & Company
July 25, 2013 7:28 AM EDTNeedham & Company analyst Laura Martin raised her price target on Facebook (NASDAQ: FB) from $33 to $37 following Q2 earnings, saying momentum is accelerating.
"FB exceeded estimates, reporting 2Q13 revenue of $1.8B (up 53% y/y and 13% above our estimates), and Non-GAAP EPS of $0.19 (up 62% y/y and 54% above our estimate). The most important points (our view) from the management call... More
Jefferies Raises PT on Facebook (FB) to $37 Following Q2 Earnings
July 25, 2013 7:24 AM EDTJefferies reiterated a Buy rating and raised its price target on Facebook (NASDAQ: FB) from $32 to $37 following "impressive" Q2 results.
Jefferies Internet team comments, "Reiterate Buy on impressive results that we believe ameliorate key investor concerns, namely: 1) mobile advertising does... More
BTIG Upgrades Facebook (FB) to Neutral
July 25, 2013 6:44 AM EDTBTIG upgraded Facebook (NASDAQ: FB) from Sell to Neutral.
For an analyst ratings summary and ratings history on Facebook click here. For more ratings news on Facebook click here.
Shares of Facebook closed at $26.51 yesterday, with a 52 week range of $17.55-$32.51.... More
Evercore Partners Upgrades Facebook (FB) to Overweight
July 25, 2013 6:42 AM EDTEvercore Partners upgraded Facebook (NASDAQ: FB) from Equal Weight to Overweight.
For an analyst ratings summary and ratings history on Facebook click here. For more ratings news on Facebook click here.
Shares of Facebook closed at $26.51 yesterday, with a 52 week range of $17.55-$32.51.... More
Facebook (FB) Tops Q2 EPS by 5c; Mobiles MAUs Up 21% From Last Year
July 24, 2013 4:05 PM EDT(Updated - July 24, 2013 4:14 PM EDT)
Facebook (NASDAQ: FB) reported Q2 EPS of $0.19, $0.05 better than the analyst estimate of $0.14. Revenue for the quarter came in at $1.81 billion versus the consensus estimate of $1.62 billion.
Highlights for Q2
* Daily active users (DAUs)... More
