Analyst Upgrade/Downgrade Update Brokerage firm: Credit Suisse Change: Coverage Reiterated/Price Target Changed Previous Rating: Outperform Current Rating: Outperform Previous Price Target: $154 Current Price Target: $170
Put/call ratio of 0.57 at oct21 expiration. Twice as many call buyers than puts. This is going higher folks, deal with it.
Next week earnings Analyst project 70 % increase over $.57 last year. FB will beat estimates, more like 80% increase.
Holding up pretty good going into ER. Hasn't been the norm for most stocks going into ER's lately. I'm not sure how to interpret that. Still a day or 2 to see what the markets bring.
Today is going to be a big buy day for this stock. Get in early. 133$-134$ target. Futures really strong, earnings.
The stock price trading pattern was the same for the prior release. It makes no sense selling prior to the earnings release date.
It happens alot. It seems like more this year than in the past. I won't complain, gives day traders some good opportunities without tying up a lot of capital for a long period of time. Good luck to all.
Well, the headlines from this morning were saying the opposite of this action Facebook Is Poised to Soar After Reporting Third-Quarter Earnings Social-networking behemoth Facebook (FB) is poised to deliver a stellar quarterly earnings scorecard on Wednesday after the market closes, and the bigger the surprise, the higher the stock will go. Facebook bulls, get ready. Analysts are already penciling in great numbers for earnings and revenue.
