Facebook (FB) PT Lifted to $120 at Jefferies; 'Impressive Mobile Revenue Growth'

Facebook (FB) PT Raised to $118 at JPMorgan

JPMorgan analyst Doug Anmuth reiterated an Overweight rating and boosted his price target on Facebook (NASDAQ: FB) to $118.00 (from $100.00) amid continued strong execution.

commented, "FB delivered another strong qtr w/55% FXN ad revs growth & non-GAAP op margins 200-300 bps ahead of us & the Street. FB also again shaved the high end of its 15... More

Facebook (FB) PT Raised to $115 at Rosenblatt

Rosenblatt analyst Martin Pyykkonen reiterated a Buy rating and boosted his price target on Facebook (NASDAQ: FB) to $115.00 (from $100.00) following better than expected Q2 results.

Pyykkonen commented, "We are reiterating our Buy rating on Facebook and raising our price target from $100 to $115,... More

Facebook (FB) Price Target Raised to $115 at Deutsche Bank

Deutsche Bank maintained a Buy rating on Facebook (NASDAQ: FB) and raised its price target to $115.00 (from $100.00). The change follows Q2 results.

Analyst Ross Sandler said, "FB continues to execute near-flawlessly, with 2Q metrics that were right down the fairway. The... More

Facebook (FB) Q2 Strong Despite FX, Goldman Sachs Notes; PT Lifted to $110

Goldman Sachs analyst Heather Bellini reiterated a Buy rating and boosted her price target on Facebook (NASDAQ: FB) to $110.00 (from $102.00) following strong Q2 results, with mobile ads leading the way with 74% revenue growth.

Bellini said on a constant currency basis, ad revenue... More

Facebook (FB) PT Raised to $107 at Mizuho Securities

Mizuho Securities analyst Neil Doshi reiterated a Buy rating and lifted his price target on Facebook (NASDAQ: FB) to $107.00 (from $104.00) following a solid Q2 beat.

Doshi commented, "Facebook reported a solid 2Q beat, although the stock traded off as we believe investor expectations were higher than the Streets. Overall, the company delivered a solid quarter with revenue, operating income and EPS all coming... More

Facebook (FB) PT Raised to $94 at BMO Capital

BMO Capital analyst Daniel Salmon raised his price target on Facebook (NASDAQ: FB) to $94.00 (from $80.00) following Q2 results but maintained a Market Perform rating.

Salmon commented, "We have underestimated both 2015s ad revenue growth and the continued improvement in sentiment, but neither has been too surprising. More surprising was the recent launch... More

Facebook (FB) is Like Google Circa 2007, RBC Capital's Mahaney Says

RBC Capital analyst Mark Mahaney maintained an Outperform rating and $105 price target on Facebook (NASDAQ: FB) following solid Q2 results. The analyst notes very high and very profitable growth, saying this only happened once before in Internet history - GOOG in 2007.

He commented, "... And just like GOOG in 2007, we see in FB plenty of strong, secular, platform growth ahead. In part because FB mgmt is correctly prioritizing the user experience while... More

Facebook (FB) PT Raised to $110 at Credit Suisse

Credit Suisse analyst S. Ju reiterated an Outperform rating and lifted their price target on Facebook (NASDAQ: FB) to $110.00 (from $106.00) following solid Q2 results.

For FY15, the firm's estimates for revenue, adj. EBITDA and adj. EPS are now $17.1b/$11.2b/$2.09 vs. prior... More

Facebook (FB) Q2 'Exemplified Steady Growth', Nomura Says; Maintains Buy and $115 pt

Nomura Securities analyst Anthony DiClemente reiterated his Buy rating and $115 price target on Facebook (NASDAQ: FB) following Q2 results.

DiClemente commented, "2Q results for Facebook exemplified steady growth, as across the board, results came in modestly higher than expected. User growth and engagement... More

Facebook (FB) PT Raised to $109 at Evercore ISI; 'Another Quality Quarter'

Evercore ISI analyst Ken Sena reiterated a Buy rating and lifted his price target on Facebook (NASDAQ: FB) to $109.00 (from $105.00) following better-than-expected Q2 results.

Sena commented, "Facebook reported a better than expected 2Q15 result driven by mobile, where advances in ad products, buying methods, and measurement, partially offset by a... More

Facebook (FB) PT Raised to $115 at Raymond James

Raymond James analyst Aaron Kessler reiterated an Outperform rating and boosted his price target on Facebook (NASDAQ: FB) to $115.00 (from $110.00) following results.

Kessler commented, "Facebook reported strong 2Q results with 55% forex neutral ad revenue growth and mobile revenues rising 74% y/y. Engagement... More

Facebook (FB) PT Raised to $146 by Piper Jaffray's Munster

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and boosted his price target on Facebook (NASDAQ: FB) to $146.00 (from $120.00) following strong Q2 results.

Munster commented, "Following FB's Q2 report of 1% upside to revenue, we remain as confident in the core... More

Facebook (FB) PT Lifted to $115 at Needham & Company

Needham & Company analyst Laura Martin reiterated a Buy rating and boosted her price target on Facebook (NASDAQ: FB) to $115.00 (from $93.00) following strong Q2 results and an improved outlook.

Martin commented, "We raise our target price to $115, owing to FBs strong 2Q15 results and improved outlook. FBs reported 2Q15 revenue was $4 billion, up 39% y/y (up 50% ex-FX). Ad revenue grew 43% y/y (up 55% ex-FX). FCF hit $1.3B. North American ad revenue grew 55%, APAC grew 48%, Europe grew 30% y/y and Rest of World grew 22%, slowed by FX. The best things about FBs 2Q15... More

Facebook (FB) Bullish Stance Reiterated by SunTrust's Peck Amid Strong Q2

SunTrust Robinson Humphrey analyst Robert Peck reiterated a Buy rating and $125 price target on Facebook (NASDAQ: FB) following strong Q2 results.

The analyst highlighted, "1) ex-FX Ad revenue grew ~55% y/y and 19% q/q while reported Ad revenue grew 15% q/q, inline with our... More

Facebook (FB) PT Raised to $110 at Sterne Agee CRT Amid Another Strong Quarter

Sterne Agee CRT analyst Arvind Bhatia reiterated a Buy rating and boosted his price target on Facebook (NASDAQ: FB) to $110.00 (from $92.00) following another strong quarter in terms of user growth, engagement and monetization.

Bhatia commented, "In fact, in absolute numbers, the... More

Facebook (FB) PT Raised to $110 at Baird amid 'Impressive' Quarter

Baird analyst Colin Sebastian reiterated an Outperform rating and boosted his price target on Facebook (NASDAQ: FB) to $110.00 (from $96.00) following "another impressive quarter despite high expectations."

Sebastian commented, "Core Advertising segment revenue growth accelerated (+55 % Y/Y ex-FX) and was slightly above consensus expectations,... More

Facebook (FB) PT Raised to $105 at Cantor Fitzgerald Amid Broad-Based Strength in Q2

Cantor Fitzgerald analyst Youssef Squali reiterated a Buy rating and lifted his price target on Facebook (NASDAQ: FB) to $105.00 (from $100.00) following broad-based strength in Q2.

Squali commented, "We're maintaining a BUY rating and tweaking our PT on FB up to $105 from $100, on... More

Facebook (FB) Under-Promising and Over-Delivering, Brean Capital Says; PT to $111

Brean Capital analyst Sarah Hindlian reiterated a Buy rating and lifted her price target on Facebook (NASDAQ: FB) to $111.00 (from $108.00), saying the company is under-promising and over-delivering.

Hindlian commented, "Facebook reported a solid quarter, well ahead of expectations despite worse headwinds from FX, which... More

Facebook (FB) PT Raised to $118 at FBR Capital Amid Solid Q2

FBR Capital analyst William Bird reiterated an Outperform rating and boosted his price target on Facebook (NASDAQ: FB) to $118.00 (from $94.00) following solid results after the close.

Bird commented, "Facebook's results are supportive of our thesis that the company is uniquely positioned... More

Facebook (FB) Tops Q2 EPS by 3c

(Updated - July 29, 2015 4:02 PM EDT)

Facebook (NASDAQ: FB) reported Q2 EPS of $0.50, $0.03 better than the analyst estimate of $0.47. Revenue was $4.04 billion, with the consensus at $3.99 billion.

"This was another strong quarter for our community," said Mark Zuckerberg, Facebook founder and CEO.... More