Facebook boosted by Deutsche's Sandler • 7:33 AM
- Fourth quarter results will likely provide the next catalyst to the upside for Facebook (FB), says Deutsche's Ross Sandler, in a note titled, "Expecting Upside in Q4, And This Time Facebook Gets Paid For It."
- His team wouldn't be surprised to see a re-acceleration in ad revenue growth and is modeling ad revenues $100M higher than Street consensus. "Looking beyond the quarter, we see significant tailwinds from the massive flow of transactions to mobile."
- Shares +0.8% premarket
FB price at time of publication: $57.20. Check FB price now »
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Focus Articles on FB
- How Much Is Facebook Worth As An Internet Utility? by Stone Fox Capital
- Facebook Could See A Tremendous 2014 by Valuentum
- Warning Bells Are Sounding Ever Louder For Facebook's Long-Term Future by El Torero
Press Releases on FB
- Facebook to Announce Fourth Quarter and Full Year 2013 Results (PR Newswire)
- Facebook Announces Pricing of Follow-On Offering (PR Newswire)
- Facebook Announces Proposed Follow-On Offering (PR Newswire)
Related Articles on FB
- Maybe It's Time To Be A Contrarian by George Kesarios
- 2014 - Why The Ride Isn't Over by David Nelson
- Today's Market: Tech M&A Off To Fast Start In 2014 by Matthew Smith
StockTalk on FB: FB StockTalk | Twitter FB | Twitter $FB | FB Instablogs
Recent Market Alerts on FB: All news | Earnings | Dividends | M&A | On the move
Transcripts on FB
- Facebook Management Presents at Credit Suisse 2013 Technology Conference (Transcript) by SA Transcripts
- Facebook's CEO Discusses Q3 2013 Results - Earnings Call Transcript by SA Transcripts
- Facebook Inc. (FB) CEO Discusses Q2 2013 Results - Earnings Call Transcript by SA Transcripts
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