FB: The upgrades roll in after Facebook's (FB) big...

8:18 AM The upgrades roll in after Facebook's (FB) big earnings report: 1) Deutsche (already rated a Buy) ups its PT to $43 from $37. "Less than 10% of impressions are driving over 60% of ad revenue, suggesting plenty of future runway." 2) Goldman (also Buy) ups its PT to $46 from $40 as it hikes revenue and earnings metrics across the board. 3) BMO (Buy) raises its PT to $37 from $33. 4) Needham ups to $37 from $33. "Proof of mobile monetization is a key value driver." 5) Jefferies (Buy) ups to $37 from $32. "Mobile advertising does work. More of the same from BTIG, JMP, and Evercore. Shares +23% premarket. Read comments

FB price at time of publication: $26.51. Check FB price now »

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Focus Articles on FB

• Facebook Inc (FB) Management Discusses Q2 2013 Results (Webcast) by SA Transcripts
• Facebook Earnings Preview: Still Trading At Discount To Perceived Intrinsic Value by Brian Gilmartin
• Facebook 2Q 2013 Earnings Preview by Selerity Research

Press Releases on FB

• Facebook Reports Second Quarter 2013 Results (PR Newswire)
• Facebook to Announce Second Quarter 2013 Results (PR Newswire)
• Facebook Reports First Quarter 2013 Results (PR Newswire)

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Transcripts on FB

• Facebook Inc. (FB) CEO Discusses Q2 2013 Results - Earnings Call Transcript
• Facebook's CEO Discusses Q1 2013 Results - Earnings Call Transcript
• Facebook's CEO Discusses Q4 2012 Results - Earnings Call Transcript

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