Facebook target price raised to $145 from $140 at Susquehanna
Facebook target price raised to $145 from $128 at Wedbush
Facebook target price raised to $130 from $120 at Monness, Crespi, Hardt
Facebook stock price target raised to $165 from $160 at RBC Capital
Never know which way this will spin ah
2 out of 4 FANG stocks have missed. NFLX and GOOG. After today, only AMZN left to report.
They need a perfect report. I'm nervous because I think the analysts are expecting too much in this environment.
Tech has been reporting pretty lousy across the board. Its been very disappointing. I just hope the bar isn't set too high for FB.
If you are up on it. maybe sell half your shares and at least that way, if they blow it, you won't get hurt too badly. I'm talking from experience. Held Apple and Buffalo Wild Wings into earnings and feeling the wrath today!
the market loves growth companies and when one steps out of line like Apple just did it can be extremely painful for investors
There are few companies that come close to Apple's as far as cash on the balance sheet, buybacks and valuation. Also pay a dividend and still considered a growth company (allbeit that growth has been questionable lately). The drop in stock price will make it more affordable to some investors who previously couldn't buy shares. My thoughts are that the stock price will be back over $100 in a very short period of time and make a gradual climb back to 110 - 115. I'm thinking of taking a little bit off the table however when we get back to at least $108.
At the close on April 18 Mitchelson reiterated his buy rating on Netflix and his price target of 147.
On Monday, Mitchelson maintained his buy rating but cut his price target to 141.
I'm going out on a limb and saying probably a raise to about 0.58 p/s and payable in May 2016. Judging by past history. I think they should raise it more but doubt they will.
Nobody has a sell on it. Should be okay going into earnings even if they miss slightly on iphone expectations. Raising the dividend and buyback is sure to offset I'd think. Cook has been known to give conservative guidance and that would be the only negative spin at earnings.