Thursday, January 28, 2016

Facebook CRUSHES earnings exp - Today's Upgrades - Levels to Watch

Currently Trading through last nights highs of $107.23 at $109.3 - Creeping ALL TIME HIGHS of $110.65 - Suspect traders sell $AAPL  to buy $FB 


1. Facebook --- RBC Capital Mkts Reiterated OUTPERFORM - Price Target: 160 (from 130)
2. Analyst Actions: Facebook Price Target Raised to $130 at FBR Capital, Reiterated Outperform
3. Facebook price target raised to $145 from $125 at Deutsche Bank
4. Facebook price target raised to $136 from $127 at JPMorgan
5. Facebook price target raised to $170 from $155 at Piper Jaffray
6. Axiom Research increases tgt to $145 from $126. Firm says to buy the stock and hold for the 
longer term
7. Pivotal Research  Tgt is raised to $136 from $134
8. Facebook target raised to $145 from $125 at Deutsche Bank following results (Stock Price: 94.45)
9.Facebook price target raised to $130 from $120 at Stifel
10. Facebook price target raised to $145 from $135 at Jefferies

Disclosure: Short $AAPL Long $FB

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