Facebook (NASDAQ: FB) has recently received a number of price target changes and ratings updates:

  • 12/14/2017 – Facebook was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $199.43 price target on the stock.
  • 12/13/2017 – Facebook was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $198.52 price target on the stock.
  • 12/7/2017 – Facebook was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $198.52 price target on the stock.
  • 12/5/2017 – Facebook had its “buy” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $215.00 price target on the stock.
  • 12/5/2017 – Facebook is now covered by analysts at Evercore ISI. They set an “outperform” rating and a $225.00 price target on the stock.
  • 12/1/2017 – Facebook had its price target raised by analysts at MKM Partners to $240.00. They now have a “buy” rating on the stock.
  • 11/29/2017 – Facebook was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $197.10 price target on the stock.
  • 11/7/2017 – Facebook was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $202.00 price target on the stock. According to Zacks, “Facebook reported strong third quarter 2017 results as mobile and live video efforts continue to pay off big time. Instagram remains another important revenue stream. Apart from mobile and video, the monetization opportunities of the company’s other subsidiaries – Messenger, WhatsApp and Oculus – and a huge user base/higher engagement levels are expected to drive growth going ahead. Facebook is also dabbling in AR/VR and AI technologies, which bodes well for long term growth. In the last one year, it has vastly outperformed the broader market. However, due to the recent uproar caused by apparent usage of the platform by Russian elements for interfering in the election process has put Facebook in a spot. As a result, Facebook CEO has said that it will make sizable investments to tighten security on the platform which along with continued investments in video, AR/VR and AI, will dent operating margins going ahead.”
  • 11/6/2017 – Facebook was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Facebook reported strong third quarter 2017 results as mobile and live video efforts continue to pay off big time. Instagram remains another important revenue stream. Apart from mobile and video, the monetization opportunities of the company’s other subsidiaries – Messenger, WhatsApp and Oculus – and a huge user base/higher engagement levels are expected to drive growth going ahead. Facebook is also dabbling in AR/VR and AI technologies, which bodes well for long term growth. In the last one year, it has vastly outperformed the broader market. However, due to the recent uproar caused by apparent usage of the platform by Russian elements for interfering in the election process has put Facebook in a spot. As a result, Facebook CEO has said that it will make sizable investments to tighten security on the platform which along with continued investments in video, AR/VR and AI, will dent operating margins going ahead.”
  • 11/3/2017 – Facebook had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $215.00 price target on the stock.
  • 11/3/2017 – Facebook had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $200.00 price target on the stock.
  • 11/2/2017 – Facebook had its price target raised by analysts at Canaccord Genuity from $190.00 to $200.00. They now have a “buy” rating on the stock.
  • 11/2/2017 – Facebook had its price target raised by analysts at Oppenheimer Holdings Inc. from $195.00 to $200.00. They now have an “outperform” rating on the stock.
  • 11/2/2017 – Facebook was given a new $200.00 price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 11/2/2017 – Facebook had its “buy” rating reaffirmed by analysts at Deutsche Bank AG.
  • 11/2/2017 – Facebook was given a new $208.00 price target on by analysts at UBS AG. They now have a “buy” rating on the stock.
  • 11/2/2017 – Facebook was given a new $225.00 price target on by analysts at JMP Securities. They now have a “buy” rating on the stock.
  • 11/2/2017 – Facebook was given a new $205.00 price target on by analysts at Macquarie. They now have a “buy” rating on the stock.
  • 11/2/2017 – Facebook was given a new $200.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 11/2/2017 – Facebook was given a new $215.00 price target on by analysts at Atlantic Securities. They now have a “buy” rating on the stock.
  • 11/2/2017 – Facebook had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $230.00 price target on the stock, down previously from $235.00.
  • 11/2/2017 – Facebook had its “buy” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a $225.00 price target on the stock.
  • 11/2/2017 – Facebook had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $230.00 price target on the stock, up previously from $225.00.
  • 11/2/2017 – Facebook had its price target raised by analysts at Cantor Fitzgerald to $220.00. They now have an “overweight” rating on the stock.
  • 11/2/2017 – Facebook had its price target lowered by analysts at Stifel Nicolaus from $200.00 to $195.00. They now have a “buy” rating on the stock.
  • 11/2/2017 – Facebook had its price target raised by analysts at Needham & Company LLC from $185.00 to $215.00. They now have a “buy” rating on the stock.
  • 11/2/2017 – Facebook had its “sell” rating reaffirmed by analysts at Pivotal Research. They now have a $136.00 price target on the stock. They wrote, “We continue to rate the stock Sell. Facebook reported spectacular 3Q17 earnings featuring revenue growth of +47% (including advertising revenue growth of +43%), operating income margins of 50% and EPS of $1.59. This compared with our forecasts of +42% (with advertising revenue growth of +43%), operating income margins of 43% and EPS of $1.24 and consensus that was similar on revenue expectations, but higher on profitability.””
  • 11/2/2017 – Facebook had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $220.00 price target on the stock, up previously from $200.00.
  • 11/2/2017 – Facebook had its price target raised by analysts at Citigroup Inc. from $200.00 to $210.00. They now have a “buy” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 11/2/2017 – Facebook had its price target raised by analysts at Jefferies Group LLC to $225.00. They now have a “buy” rating on the stock.
  • 11/2/2017 – Facebook had its price target raised by analysts at Barclays PLC from $200.00 to $215.00. They now have an “overweight” rating on the stock.
  • 11/2/2017 – Facebook had its price target raised by analysts at Royal Bank of Canada from $195.00 to $230.00. They now have an “outperform” rating on the stock.
  • 11/1/2017 – Facebook had its price target raised by analysts at Aegis from $200.00 to $215.00. They now have a “buy” rating on the stock.
  • 10/31/2017 – Facebook had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $190.00 price target on the stock. They wrote, “Strong 3Q17 results expected. Our 3Q17 revenue and EBITDA estimates are $9,917.1M (+41.5% Y/Y) and $6,413.6M (61.5% margin) vs. consensus (FactSet) of $9,845.3M and $6,172.4M, respectively. The consensus range for revenue is $9,521.5-10,178.0M, and the range for EBITDA is $5,918.0-6,479.0M. Our model assumes MAU growth of 16.8% Y/Y to 2.089B and DAU/MAU (engagement) of 0.663. Our GAAP EPS estimate is $1.32 vs. consensus’ $1.27 (range $1.15-1.44).””
  • 10/30/2017 – Facebook was given a new $225.00 price target on by analysts at Wedbush. They now have a “buy” rating on the stock.
  • 10/27/2017 – Facebook was upgraded by analysts at Monness Crespi & Hardt from a “neutral” rating to a “buy” rating. They now have a $210.00 price target on the stock.
  • 10/23/2017 – Facebook was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 10/20/2017 – Facebook was given a new $205.00 price target on by analysts at Goldman Sachs Group Inc. They now have a “buy” rating on the stock.

Shares of Facebook Inc (NASDAQ FB) traded up $0.09 during trading on Friday, hitting $178.39. The company had a trading volume of 13,589,700 shares, compared to its average volume of 16,933,193. Facebook Inc has a 52 week low of $114.77 and a 52 week high of $184.25. The company has a market cap of $522,060.00, a price-to-earnings ratio of 34.35, a price-to-earnings-growth ratio of 1.13 and a beta of 0.69.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, November 1st. The social networking company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.28 by $0.31. Facebook had a return on equity of 23.64% and a net margin of 41.69%. The company had revenue of $10.33 billion for the quarter, compared to analyst estimates of $9.84 billion. During the same quarter in the prior year, the company earned $1.09 EPS. The firm’s revenue for the quarter was up 47.3% compared to the same quarter last year. equities analysts predict that Facebook Inc will post 5.86 EPS for the current year.

In other Facebook news, insider Christopher K. Cox sold 16,000 shares of the stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $170.71, for a total value of $2,731,360.00. Following the transaction, the insider now owns 178,802 shares in the company, valued at $30,523,289.42. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Mark Zuckerberg sold 247,452 shares of the stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $171.75, for a total value of $42,499,881.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,066,441 shares of company stock worth $903,750,174. 17.23% of the stock is owned by corporate insiders.

Facebook, Inc is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

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