3rdPartyFeeds

Before Facebook Reports Earnings, Raymond James Boosts Its Rating to ‘Strong Buy’

Raymond James analyst Aaron Kessler just made himself an interesting side story to what will be a closely scrutinized earnings report from (FB) after the close of trading Wednesday. With just hours to go before the report, he upped his rating on the stock to Strong Buy from Outperform, lifting his target price on the shares to $270 from $230. Kessler predicts that Facebook (ticker: FB) will beat Street expectations for revenue, cash flow, and earnings per share. Read More...

Raymond James analyst Aaron Kessler just made himself an interesting side story to what will be a closely scrutinized earnings report from (FB) after the close of trading Wednesday. With just hours to go before the report, he upped his rating on the stock to Strong Buy from Outperform, lifting his target price on the shares to $270 from $230. Kessler predicts that Facebook (ticker: FB) will beat Street expectations for revenue, cash flow, and earnings per share.

Read More

Add Comment

Click here to post a comment