Facebook Inc. (FB.ON) ad sell shares of the company's quarterly results after smashing power, 12% increase in trading Thursday before and the most bankable technology in the industry as one of the players as it strengthened.
Shares jump $ 300 billion put the company on track to re-enter the club, Facebook's market value of nearly $ 33 billion was set to include. The market reaction to Apple Inc (AAPL.O) presented a sharp contrast in fortunes.
Facebook impressive phone and a time Wall Street darling eBay Inc. (EBAY.O) Get Bucked the trend of the underwhelming results.
"FB marketers of all stripes on the planet almost every consumer-targeted advertising service that enables you to have an extraordinary ad platform," Jefferies analysts wrote in a broker note.
"FB macro seen anything that indicates weakness, and results Alphabet '(GOOGL.O) names to other online advertising is good."
Alphabet is set to report quarterly on February 1.
Jefferies and the Company's stock at least 12 other brokerages raised their price targets. Piper Jaffray $ 155 for the $ 170 increase in the target, was the fastest.
The median target on the stock market price over the next 12 months is $ 129 billion, suggesting that it is $ 140.
Facebook mobile ads a year ago compared to 69 percent in the quarter accounted for 80% of total advertising revenues. A 21 percent increase - Dec 31, as 1.59 billion 1.44 billion monthly active users on mobile devices using the service.
The note said.
The Facebook photo-sharing service Instagram, specifically, a material contributor to earnings in 2016 are designed to be.