Weekly Investment Analysts’ Ratings Changes for Facebook, Inc. Common Stock (FB)

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Several analysts have recently updated their ratings and price targets for Facebook, Inc. Common Stock (NASDAQ: FB):

  • 9/14/2018 – Facebook, Inc. Common Stock was given a new $180.00 price target on by analysts at Barclays PLC. They now have a “buy” rating on the stock.
  • 9/13/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Cleveland Research.
  • 9/7/2018 – Facebook, Inc. Common Stock was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 9/6/2018 – Facebook, Inc. Common Stock was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 9/4/2018 – Facebook, Inc. Common Stock had its “neutral” rating reaffirmed by analysts at Moffett Nathanson. They now have a $175.00 price target on the stock.
  • 9/3/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $195.00 price target on the stock.
  • 9/3/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $195.00 price target on the stock.
  • 8/23/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $202.00 price target on the stock.
  • 8/23/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $220.00 price target on the stock.
  • 8/20/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $225.00 price target on the stock.
  • 8/7/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Bank of America Corp. They now have a $205.00 price target on the stock.
  • 8/2/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at MKM Partners to $230.00. They now have a “buy” rating on the stock.
  • 7/31/2018 – Facebook, Inc. Common Stock was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Facebook’s second-quarter results were hurt by a slowing user base growth rate primarily due to the increased concerns over data privacy. Moreover, the company’s cautious guidance hurt investor’s confidence. Facebook now expects expenses to increase at a faster rate as compared with revenues in 2019. Aggressive investments for the initiatives related to improving ad transparency, removal of fake accounts and curbing fake news would definitely hurt profitability in the near term. Additionally, slower Stories and Messenger monetization would hurt Facebook’s top-line growth. Increasing competition is also a concern. Shares have also underperformed the industry over the past one year.”
  • 7/27/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at JMP Securities from $235.00 to $206.00. They now have a “buy” rating on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at Piper Jaffray Companies to $200.00. They now have an “overweight” rating on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at JPMorgan Chase & Co. from $242.00 to $205.00. They now have an “overweight” rating on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at Credit Suisse Group AG from $265.00 to $225.00. They now have an “outperform” rating on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at Cowen Inc from $235.00 to $200.00. They now have an “outperform” rating on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock was downgraded by analysts at Raymond James from a “strong-buy” rating to an “outperform” rating. They now have a $210.00 price target on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock was downgraded by analysts at Nomura from a “buy” rating to a “neutral” rating. They now have a $183.00 price target on the stock, down previously from $228.00.
  • 7/26/2018 – Facebook, Inc. Common Stock was downgraded by analysts at UBS Group AG from a “buy” rating to a “neutral” rating. They now have a $180.00 price target on the stock, down previously from $212.00.
  • 7/26/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at BMO Capital Markets to $190.00. They now have a “market perform” rating on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 7/26/2018 – Facebook, Inc. Common Stock was downgraded by analysts at Edward Jones from a “buy” rating to a “hold” rating.
  • 7/26/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $195.00 price target on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $200.00 price target on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group Inc. They now have a $220.00 price target on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at Stifel Nicolaus from $242.00 to $202.00. They now have a “buy” rating on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at SunTrust Banks, Inc. to $200.00. They now have a “buy” rating on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $225.00 price target on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock 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.
  • 7/26/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $205.00 price target on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at Morgan Stanley from $215.00 to $185.00. They now have a “buy” rating on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $215.00 price target on the stock, down previously from $245.00.
  • 7/26/2018 – Facebook, Inc. Common Stock was downgraded by analysts at Citigroup Inc to a “buy” rating. They now have a $210.00 price target on the stock, down previously from $220.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 7/26/2018 – Facebook, Inc. Common Stock had its price target lowered by analysts at Monness Crespi & Hardt from $225.00 to $205.00. They now have a “buy” rating on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Wedbush. They now have a $250.00 price target on the stock.
  • 7/26/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $220.00 price target on the stock, down previously from $250.00.
  • 7/25/2018 – Facebook, Inc. Common Stock had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $210.00 price target on the stock, up previously from $170.00.
  • 7/23/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Goldman Sachs Group Inc. They now have a $225.00 price target on the stock.
  • 7/23/2018 – Facebook, Inc. Common Stock was given a new $220.00 price target on by analysts at Macquarie. They now have a “buy” rating on the stock.
  • 7/23/2018 – Facebook, Inc. Common Stock had its “$210.91” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $242.00 price target on the stock.
  • 7/22/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Bank of America Corp. They now have a $230.00 price target on the stock.
  • 7/20/2018 – Facebook, Inc. Common Stock had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $275.00 price target on the stock.
  • 7/20/2018 – Facebook, Inc. Common Stock had its price target raised by analysts at Piper Jaffray Companies to $250.00. They now have an “in-line” rating on the stock.
  • 7/20/2018 – Facebook, Inc. Common Stock had its price target raised by analysts at Citigroup Inc to $235.00. They now have a “buy” rating on the stock.
  • 7/20/2018 – Facebook, Inc. Common Stock had its price target raised by analysts at Stifel Nicolaus from $202.00 to $242.00. They now have a “buy” rating on the stock.
  • 7/17/2018 – Facebook, Inc. Common Stock was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $232.00 price target on the stock. According to Zacks, “Facebook is benefiting from robust growth in advertising and user base. Facebook’s user base of 2.2 billion coupled with Instagram’s 1 billion users provides a huge canvas for advertisers, which, in turn, is driving the top line of the company. Rising mobile conversions on the platform is boosting mobile ad growth. Growing popularity of Stories across all its major platforms, with Instagram taking center stage, is a tailwind. Apart from mobile and video, the monetization opportunities of Messenger, WhatsApp and Oculus and a huge user base are expected to drive growth going ahead. Facebook has a strong balance sheet and generates significant cash flow, which makes it an attractive stock for investors. Shares outperformed the industry on a year-to-date basis. However, the company can be affected by stiff competition from peers and tightening privacy standards which seem to be growing concerns.”
  • 7/17/2018 – Facebook, Inc. Common Stock was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/16/2018 – Facebook, Inc. Common Stock was given a new $265.00 price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock.
  • 7/16/2018 – Facebook, Inc. Common Stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group Inc. They now have a $240.00 price target on the stock.

Shares of FB stock opened at $161.36 on Friday. The firm has a market capitalization of $470.61 billion, a PE ratio of 26.19, a PEG ratio of 1.04 and a beta of 0.49. Facebook, Inc. Common Stock has a twelve month low of $149.02 and a twelve month high of $218.62.

Facebook, Inc. Common Stock (NASDAQ:FB) last announced its earnings results on Wednesday, July 25th. The social networking company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.01). The firm had revenue of $13.23 billion during the quarter, compared to analysts’ expectations of $13.35 billion. Facebook, Inc. Common Stock had a net margin of 39.31% and a return on equity of 28.16%. Facebook, Inc. Common Stock’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.32 earnings per share. analysts anticipate that Facebook, Inc. Common Stock will post 7.08 EPS for the current fiscal year.

In other Facebook, Inc. Common Stock news, CEO Mark Zuckerberg sold 240,000 shares of the stock in a transaction on Wednesday, July 25th. The shares were sold at an average price of $216.71, for a total transaction of $52,010,400.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Colin Stretch sold 750 shares of the stock in a transaction on Wednesday, June 20th. The shares were sold at an average price of $199.00, for a total transaction of $149,250.00. Following the transaction, the vice president now owns 91,615 shares in the company, valued at $18,231,385. The disclosure for this sale can be found here. Insiders have sold a total of 9,876,913 shares of company stock worth $1,906,192,582 over the last quarter. 17.23% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of FB. Townsend & Associates Inc increased its holdings in shares of Facebook, Inc. Common Stock by 6.6% in the 2nd quarter. Townsend & Associates Inc now owns 4,077 shares of the social networking company’s stock worth $792,000 after acquiring an additional 254 shares during the period. Winslow Evans & Crocker Inc. increased its holdings in shares of Facebook, Inc. Common Stock by 2.2% in the 2nd quarter. Winslow Evans & Crocker Inc. now owns 12,658 shares of the social networking company’s stock worth $2,462,000 after acquiring an additional 274 shares during the period. Valmark Advisers Inc. increased its holdings in shares of Facebook, Inc. Common Stock by 18.6% in the 2nd quarter. Valmark Advisers Inc. now owns 1,797 shares of the social networking company’s stock worth $349,000 after acquiring an additional 282 shares during the period. Venturi Wealth Management LLC increased its holdings in shares of Facebook, Inc. Common Stock by 8.5% in the 4th quarter. Venturi Wealth Management LLC now owns 3,627 shares of the social networking company’s stock worth $640,000 after acquiring an additional 284 shares during the period. Finally, Harvest Group Wealth Management LLC increased its holdings in shares of Facebook, Inc. Common Stock by 2.4% in the 1st quarter. Harvest Group Wealth Management LLC now owns 12,430 shares of the social networking company’s stock worth $1,986,000 after acquiring an additional 286 shares during the period. Hedge funds and other institutional investors own 60.42% of the company’s stock.

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.

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