Recent

% | $
Quotes you view appear here for quick access.

Facebook, Inc. (FB) Message Board

  • nusaiba nusaiba Jun 5, 2013 3:18 PM Flag

    Jefferies Upgrades Facebook (FB) to Buy on Valuation and Video Ads

    Jefferies Upgrades Facebook (FB) to Buy on Valuation and Video Ads

    Trade FB Now! In the second upgrade today, Jefferies upgraded Facebook (NASDAQ: FB) from Hold to Buy with a price target of $32.00 (from $31.00) on an improving risk/reward profit and video ads.
    The Jefferies Internet team comments, "We upgrade FB to Buy as we think recent pressure on the stock has created a buying opportunity ahead of the expected July launch of video ads, which could be the company's next billion-dollar business. The val'n looks attractive at ~25x (ex-cash) our '14 Op EPS vs. a 30% CAGR, implying a reasonable 0.8x PEG. Longer-term, we expect

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
FB
94.14+0.13(+0.14%)Aug 3 4:00 PMEDT