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How Facebook Is Laying Siege To Snapchat
Saturday, March 18, 2017 - 6:38pm | 373When Snap Inc (NYSE: SNAP), the parent company of Snapchat, recently warned potential investors about its business facing “significant competition,” it shouldn’t have taken too many guesses for the market to determine who those competitors were. Most prominently, the biggest...
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Facebook Takes A Page Out Of Snap's Book... Again
Thursday, March 9, 2017 - 2:10pm | 353Facebook Inc (NASDAQ: FB) copied one of Snap Inc's (NYSE: SNAP) most notable features to great success -- so why stop there? Facebook poached Snapchat's Story function last year and added it to its Instagram platform. On Thursday, the company announced the availability of a new Snapchat-...
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State Of Social Media: Bright Spots And Blemishes
Tuesday, January 3, 2017 - 10:48am | 529The social media space had a mixed year, with Facebook Inc (NASDAQ: FB) shares cooling off after a stellar 2015 amid the fake news and ad metrics scandals. Twitter Inc (NYSE: TWTR) found itself in a mess, and Snap Inc., formerly Snapchat, is preparing to offer its shares to the public. Even amid...
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Mark Mahaney's Top Small- And Large-Cap Picks For 2017
Wednesday, December 21, 2016 - 5:00pm | 373RBC Capital Markets' Mark Mahaney is considered to be one of the top internet analysts and was a guest on CNBC to share his top picks for 2017. Top Small-Cap Pick Mahaney's top pick among small-caps is Yelp Inc (NYSE: YELP). The analyst noted that he upgraded the stock last December...
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Stifel Considers Facebook's Messaging Opportunity
Thursday, December 15, 2016 - 12:09pm | 304Commenting on Facebook Inc (NASDAQ: FB)'s messaging opportunity, Stifel’s Scott Devitt said the company had a “multi-year monetization catalyst ahead.” He recommended investors to own Facebook as a long-term holding. “While we are not adjusting our model at this time due to...
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Pac-Man Sliding In Your DMs: FB's Messenger Gets Its Game On
Tuesday, November 29, 2016 - 3:39pm | 280Facebook Inc (NASDAQ: FB) has rolled out a new feature that lets users play instant games on Facebook Messenger, another move by the social media giant to grow its sticky 1 billion user base during the holidays. Specifics And Available Games Beginning Tuesday, Facebook will roll out the new feature...
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Calm Down Everyone, Facebook's Growth Was Bound To Slow Down Eventually
Thursday, November 3, 2016 - 11:50am | 379Commenting on Facebook Inc (NASDAQ: FB)'s third-quarter results, Cantor Fitzgerald said the company's growth is bound to slow down from the torrid 50 percent year-over-year rate. 3Q Review Analyst Youssef Squali attributed the outperformance to the following factors: Healthy MAU growth and...
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The Street Continues To Demand A Sizable Estimate Beat From Facebook's Q3
Tuesday, October 11, 2016 - 12:06pm | 501Deutsche Bank believes Facebook Inc (NASDAQ: FB) could report slight upside to its third-quarter revenue and earnings per share estimates. However, the firm cautioned that the typical "need to beat consensus by $250 million" trend may be a bit tough to sustain given the third quarter ad industry...
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3 Key Takeaways From CLSA's China Trip
Wednesday, September 14, 2016 - 1:48pm | 458James Lee of CLSA finalized a fact finding channel check mission in China involving cross-border trade e-commerce activity. As a whole, the analyst noted that he came away incrementally positive on Facebook Inc (NASDAQ: FB) for its "opportunity to follow the successful product roadmap of WeChat."...
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Facebook To Roll Out Messenger Platform Version 1.2
Tuesday, September 13, 2016 - 7:32am | 260Facebook Inc (NASDAQ: FB) announced on Monday an update for its wildly popular Messenger Platform. Facebook launched Messenger as a stand-alone app less than six months ago and its use has expanded from friends and family communicating with each other to customers engaging with businesses. In...
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Facebook Adds Instant Video To Messenger
Friday, September 2, 2016 - 8:37am | 325Facebook Inc (NASDAQ: FB) added instant video to its Messenger, enabling users to share, chat, debate and discuss with those near and dear. The company indicated that it would offer the tools to personalize user conversations irrespective of whom the user is talking to. Facebook said that instant...
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JMP Raises Its Price Target On 'Top Pick' Facebook Shares
Thursday, July 28, 2016 - 3:27pm | 406JMP reiterated its Market Outperform rating and raised price target on Facebook Inc (NASDAQ: FB) after the social media giant's blowout quarter silenced its critics who were opining that rising competition was stagnating user growth and monetization. Facebook's second-quarter EPS/revenue of $0.97/$...
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SunTrust's Bob Peck Raises Price Target On Facebook To $142 On Strong Quarter
Thursday, July 28, 2016 - 2:30pm | 434The strong second-quarter results of Facebook Inc (NASDAQ: FB) reinforced the bullish thesis of SunTrust's Robert "Bob" Peck, as the social media giant's quarterly numbers trumped the estimates of both Peck and the Street handsomely. Q2, In Review Facebook's second-quarter EPS/revenue of $0.97/$6....
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BMO Says Facebook Is 'A Core Holding,' Raises Price Target To $145
Thursday, July 28, 2016 - 10:04am | 400Facebook Inc (NASDAQ: FB) reported robust 2Q16 results, with key metrics ahead of expectations. BMO Capital’s Daniel Salmon maintains a Market Perform rating on the company, while raising the price target from $120 to $145. Beat Quarter Facebook reported its non-GAAP EPS for 2Q16 at $0.97,...
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Axiom's Anthony Highlights 5 Key Concerns Facebook Investors Might Be Considering
Tuesday, July 26, 2016 - 1:28pm | 419Victor Anthony, a senior analyst at Axiom Capital has been bullish on Facebook Inc (NASDAQ: FB) since the stock was trading under $20 a share. His bullish stance remains unchanged to this day, but he does have several concerns that need to be addressed in the company's second-quarter earnings...