Facebook (FB) Tops Q2 EPS by 10c

Facebook (FB) PT Raised to $85-$87 at Wells Fargo

Wells Fargo maintained an Outperform rating on Facebook (NASDAQ: FB) and raised its price target to $85-$87 (from $78-$80).

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 $71.29 yesterday.

Facebook (FB) PT Raised to $100 at Topeka Capital

Topeka Capital maintained a Buy rating on Facebook (NASDAQ: FB) and raised its price target to $100.00 (from $80.00).

Analyst Victor Anthony said, "Facebook remains our top pick for the year after delivering a much better than expected... More

Facebook (FB) PT Raised to $90 at Deutsche Bank

Deutsche Bank maintained a Buy rating on Facebook (NASDAQ: FB) and raised its price target to $90.00 (from $85.00).

Analyst Ross Sandler said, "Facebook reported another clean beat-and-raise quarter with revenue and EBITDA 5% and 18%... More

Facebook (FB) Price Target Raised to $85 at Goldman Following Q2 Beat

Goldman Sachs maintained a Buy rating on Facebook (NASDAQ: FB) and raised its price target to $85.00 (from $78.00). Analyst Heather Bellini noted better than expected Q2 results.

"Once again mobile ad revenue generated the vast majority of the upside vs. the Street. Sequential growth... More

Facebook (FB) PT Lifted to $92 at BofA/Merrill Lynch

BofA/Merrill Lynch analyst Justin Post reiterated a Buy rating and boosted his price target on Facebook (NASDAQ: FB) to $92.00 (from $84.00) following a 'clean' Q2 beat.

Post said results suggest that engagement is stable, mobile can continue to surprise, and spending is... More

Facebook (FB) PT Raised to $92 at RBC Capital

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Facebook (NASDAQ: FB) to $92.00 (from $86.00) following strong Q2 results.

Mahaney commented, "Revenue of $2.91B (up 61% Y/Y) beat RBC/Street @ $2.82B/$2.80B. The upside was again driven by... More

Facebook (FB) PT Raised to $90 at Piper Jaffray

Piper Jaffray analyst Gene Munste reiterated an Overweight rating on Facebook (NASDAQ: FB) and bumped his price target to $90.00 (from $76.00) following solid Q2 results.

Munster said, "Facebook posted a solid Q2 and continues to have a solid pipeline of new products and... More

Facebook (FB) Price Target Raised to $100 at Jefferies Post Q2

Jefferies US Internet Team reiterated a Buy rating on Facebook (NASDAQ: FB) and boosted its price target to $100.00 (from $85.00) following strong Q2 results.

The commented, "FB posted solid top-line beat but it was the margin expansion that stood out. We note... More

Facebook (FB) PT Raised to $90 at Evercore Partners

Evercore Partners analyst Ken Sena reiterated an Overweight rating and boosted his price target on Facebook (NASDAQ: FB) to $90.00 (from $75.00) following strong Q2 results.

Sena comments, "Facebook beat estimates across the board with revenues 5% higher, adj. EBIT margins 900 bps better, and revised FY opex guidance suggesting 500 bps of... More

Facebook (FB) PT Raised to $82 at Baird Amid Strong Q2, Mobile

Baird analyst Colin Sebastian reiterated an Outperform rating and booted his price target on Facebook (NASDAQ: FB) to $82.00 (from $71.00) following strong Q2 results which showed more mobile momentum.

Sebastian said, "Despite lofty expectations, Q2 EPS significantly beats on strong mobile monetization trends... More

Facebook (FB) PT Lifted to $82.50 at Janney Capital

Janney Capital analyst Tony Wible reiterated a Buy rating and lifted his price target on Facebook (NASDAQ: FB) to $82.50 (from $71.00) following strong Q2 results.

Wible comments, "FB beat by $0.10 on stronger mobile pricing and cost leverage. The numbers are... More