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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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Here's Every Feature Facebook's Platforms Have Aped From Snapchat
Friday, February 24, 2017 - 12:24pm | 792Snapchat may not be as big as its bigger brethren Facebook Inc (NASDAQ: FB). Compared to Facebook's annual revenues of $27.64 billion in 2016, Snapchat earned only $404.48 million. But at least it has the technological superiority in making the latter want to evolve copycat versions of each of...
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4 Reasons To Own Facebook Ahead Of Q4 Results
Tuesday, January 10, 2017 - 11:03am | 281The recent 2017 ad survey demonstrated Facebook Inc (NASDAQ: FB)'s social leadership and rising video capabilities, Cowen’s John Blackledge said in a report. He added that the company could report its Q4 revenue and EBITDA ahead of the Street's current expectations. Blackledge maintains an...
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3 Reasons Victor Anthony Sees Facebook As A Buy
Tuesday, January 3, 2017 - 1:46pm | 316Despite anticipated risks of a SnapChat IPO and potential regulations imposed by the Trump administration, Aegis Capital initiated Facebook Inc (NASDAQ: FB) as a Buy with a $150 price target for 2017. Rise Of Instagram Analyst Victor Anthony foresees a growing opportunity for the parent...
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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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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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Credit Suisse Lifts Its Facebook Price Target To $170 As Q3 Report Nears
Monday, October 17, 2016 - 2:42pm | 365Credit Suisse previewed Facebook Inc (NASDAQ: FB) ahead of its highly anticipated Q3 earnings report set for November 2. The Swiss bank upped Facebook's price target to $170 from $154. Credit Suisse is expecting a 26 percent EPS CAGR over the next five years and feels investors have overcome...
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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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Facebook Is The Broadest, Deepest Play On The Global Advertising Market
Friday, September 23, 2016 - 8:17am | 334Given the “growth opportunity, competitive moat and ability to take share in the advertising market,” Loop Capital’s Blake Harper believes Facebook Inc (NASDAQ: FB) deserves a premium valuation. Harper initiated coverage of the company with a Buy rating and price target of $165....
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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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Instagram Joins Play Store 1 Billion Install Club, But You'd Be Surprised Who's Not On The List
Monday, August 22, 2016 - 1:55pm | 314Facebook Inc (NASDAQ: FB)-owned Instagram joins just 18 other apps in existence to boast 1 billion downloads on the Google Play Store. According to Android Police, Instagram joins Facebook's core social media app, WhatsApp and Messenger as being members of the 1 billion club. However, the...
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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,...