Market Overview

UPDATE: Morgan Stanley Reiterates Overweight Rating, Raises PT on Facebook

Share:
Related FB
PayPal CEO: 'We Want To Be More Than Just A Button'
6 Internet Stories Cantor Fitzgerald Analysts Are Following
Google's YouTube Brings 60fps Live Streaming to Battle Twitch - Analyst Blog (Zacks)

In a report published Wednesday, Morgan Stanley reiterated its Overweight rating on Facebook (NASDAQ: FB), and slightly raised its price target from $31.00 to $32.00.

Morgan Stanley noted, “Facebook is making strong progress in mobile monetization, and has introduced new revenue-generating products such as a real-time bidding exchange and gifts. We boost our long-term revenue and earnings estimates, raise our PT to $32, and reiterate OW.”

Facebook closed on Monday at $26.62.

Latest Ratings for FB

DateFirmActionFromTo
Apr 2015Deutsche BankMaintainsBuy
Apr 2015JMP SecuritiesMaintainsMarket Outperform
Apr 2015JP MorganMaintainsOverweight

View More Analyst Ratings for FB
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

Related Articles (FB)

Around the Web, We're Loving...