Facebook Inc (NASDAQ:FB) “Buy” Rating Maintained Today By Cowen & Co.; The Target Price Given is $200.0

January 22, 2018 - By Hazel Jackson

 Facebook Inc (NASDAQ:FB)

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It turned negative, as 53 investors sold Facebook, Inc. shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported.

Central National Bank Company holds 0.71% in Facebook, Inc. (NASDAQ:FB) or 16,810 shares. Alpine Global Mgmt Ltd Liability Com reported 17,276 shares. Aldebaran Fincl has 2.55% invested in Facebook, Inc. (NASDAQ:FB) for 21,661 shares. Advisor Prns Limited Liability Company stated it has 39,228 shares. Choate Investment Advsrs reported 5,519 shares stake. Cue Financial Grp Incorporated reported 1,502 shares. Halbert Hargrove Russell Ltd Limited Liability Company stated it has 3,458 shares or 0.16% of all its holdings. Icon Advisers invested in 94,650 shares or 1.14% of the stock. Rfg Advisory Group Ltd Co stated it has 9,196 shares. Beacon Grp reported 5,068 shares stake. Birch Hill Investment Advisors Lc invested in 0.11% or 7,443 shares. Solaris Asset Management Ltd holds 3.13% or 31,307 shares in its portfolio. Cambridge Invest Rech Advsr owns 0.68% invested in Facebook, Inc. (NASDAQ:FB) for 295,047 shares. California-based Orbis Invest Management (Us) Limited Liability Corporation has invested 2.6% in Facebook, Inc. (NASDAQ:FB). Of Vermont has 57,984 shares for 0.98% of their portfolio.

Since August 7, 2017, it had 0 buys, and 39 insider sales for $957.86 million activity. $502.59M worth of Facebook, Inc. (NASDAQ:FB) was sold by Koum Jan on Tuesday, August 15. Schroepfer Michael Todd also sold $7.14 million worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, January 9. Zuckerberg Mark had sold 249,527 shares worth $42.50 million on Friday, September 29. FISCHER DAVID B. sold 50,533 shares worth $8.59M. Shares for $2.80 million were sold by Cox Christopher K on Monday, October 23. Shares for $2.59 million were sold by Wehner David M. on Monday, August 21.

Facebook Inc (NASDAQ:FB) Rating Reaffirmed

New York: In an analyst report sent to investors on 31 October, Cowen & Co. kept their “Buy” rating on Facebook Inc (NASDAQ:FB) shares. They now have a $200.0 TP on the firm. Cowen & Co.’s target suggests a potential upside of 9.34 % from the company’s last close price.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It turned negative, as 53 investors sold Facebook, Inc. shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported.

Central National Bank Company holds 0.71% in Facebook, Inc. (NASDAQ:FB) or 16,810 shares. Alpine Global Mgmt Ltd Liability Com reported 17,276 shares. Aldebaran Fincl has 2.55% invested in Facebook, Inc. (NASDAQ:FB) for 21,661 shares. Advisor Prns Limited Liability Company stated it has 39,228 shares. Choate Investment Advsrs reported 5,519 shares stake. Cue Financial Grp Incorporated reported 1,502 shares. Halbert Hargrove Russell Ltd Limited Liability Company stated it has 3,458 shares or 0.16% of all its holdings. Icon Advisers invested in 94,650 shares or 1.14% of the stock. Rfg Advisory Group Ltd Co stated it has 9,196 shares. Beacon Grp reported 5,068 shares stake. Birch Hill Investment Advisors Lc invested in 0.11% or 7,443 shares. Solaris Asset Management Ltd holds 3.13% or 31,307 shares in its portfolio. Cambridge Invest Rech Advsr owns 0.68% invested in Facebook, Inc. (NASDAQ:FB) for 295,047 shares. California-based Orbis Invest Management (Us) Limited Liability Corporation has invested 2.6% in Facebook, Inc. (NASDAQ:FB). Of Vermont has 57,984 shares for 0.98% of their portfolio.

Since August 7, 2017, it had 0 buys, and 39 insider sales for $957.86 million activity. $502.59M worth of Facebook, Inc. (NASDAQ:FB) was sold by Koum Jan on Tuesday, August 15. Schroepfer Michael Todd also sold $7.14 million worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, January 9. Zuckerberg Mark had sold 249,527 shares worth $42.50 million on Friday, September 29. FISCHER DAVID B. sold 50,533 shares worth $8.59M. Shares for $2.80 million were sold by Cox Christopher K on Monday, October 23. Shares for $2.59 million were sold by Wehner David M. on Monday, August 21.

Facebook, Inc. (NASDAQ:FB) Ratings Coverage

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook has $240.0 highest and $88 lowest target. $186.60’s average target is 2.01% above currents $182.92 stock price. Facebook had 220 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Deutsche Bank on Friday, July 21. FBN Securities maintained the shares of FB in report on Thursday, July 27 with “Buy” rating. Barclays Capital maintained the shares of FB in report on Thursday, April 28 with “Overweight” rating. The stock has “Buy” rating by Mizuho on Thursday, July 30. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Robert W. Baird on Tuesday, October 17. The company was maintained on Thursday, November 3 by Axiom Capital. BMO Capital Markets maintained it with “Market Perform” rating and $125 target in Thursday, November 3 report. Pivotal Research downgraded Facebook, Inc. (NASDAQ:FB) on Thursday, February 2 to “Hold” rating. The firm has “Buy” rating given on Thursday, April 28 by UBS. Piper Jaffray maintained the stock with “Overweight” rating in Tuesday, August 18 report.

The stock increased 0.90% or $1.63 during the last trading session, reaching $182.92. About 4.56 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 22, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on February, 7. They expect $1.94 earnings per share, up 56.45 % or $0.70 from last year’s $1.24 per share. FB’s profit will be $5.64 billion for 23.57 P/E if the $1.94 EPS becomes a reality. After $1.59 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01 % EPS growth.

Facebook, Inc. provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company has market cap of $531.53 billion. The Company’s solutions include Facebook Website and mobile application that enables people to connect, share, discover, and communicate each other on mobile devices and personal computers; Instagram, a mobile application that enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application to communicate with people and businesses across platforms and devices; and WhatsApp Messenger, a mobile messaging application. It has a 35.44 P/E ratio. The firm also offers Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Bloomberg.com which released: “Facebook Is Investigating Possible Russia Meddling in Brexit” on January 17, 2018, also Investorplace.com with their article: “Facebook Inc (FB) Stock Is for Passive Investors Only” published on January 19, 2018, Bloomberg.com published: “Facebook Says Social Media Isn’t Always Healthy for Democracy” on January 22, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Finance.Yahoo.com and their article: “Why Shares of Facebook, Inc. Were Up 53% in 2017” published on January 17, 2018 as well as Livetradingnews.com‘s news article titled: “Facebook, Inc (NASDAQ:FB) Heffx Trading Review” with publication date: January 22, 2018.

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