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Facebook shares rose more than 2% to a record high of $305.43

Tiger Newspress2021-04-05

Facebook shares rose more than 2% to a record high of $305.43 in Monday morning trading.

Facebook shares have outperformed the S&P 500 over the past year (+86.2% vs. +59.4%). The Zacks analyst believes that Facebook is benefiting from steady user growth across all regions, particularly Asia Pacific.

Increased engagement for its products like Instagram, WhatsApp and Messenger is a major growth driver. Strong advertising revenues were driven by a strong holiday shopping season for retail that benefited from the ongoing shift to online commerce.

Facebook expects year-over-year growth rates in total revenues to remain stable or modestly accelerate on a sequential basis in the first and second quarters of 2021. However, increasing regulatory headwinds in the EU and other countries is a concern.

Monness analyst Brian White continues to remain bullish on the social media giant despite a recentHouse hearingwhich grilled the CEOs of Facebook,Alphabet Inc, and Twitter Inc on misinformation.

The analyst reiterated a “Buy” rating on the stock and maintained a $375 price target, implying a 27% upside potential.

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评论44

  • Vivberry
    ·2021-04-06
    Good!!!
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  • jamjam
    ·2021-04-06
    Hmm leaked data breach but still increase? Market always go other direction. Wonder why. Please like and comment my commnet
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  • Zynette
    ·2021-04-06
    [微笑] 
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  • Jazling
    ·2021-04-06
    Comment pls 
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    收起
    • kenong62
      great same here
      2021-04-06
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  • Ericlam
    ·2021-04-06
    Go further 
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    • PJoo
      Possible
      2021-04-06
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  • Boo2bear
    ·2021-04-06
    Strong rebound. 
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  • kino318
    ·2021-04-06
    Miss this... 
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  • WeeNi
    ·2021-04-06
    buy 
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  • francis3
    ·2021-04-06
    Good. Will buy some stock to day Please like it
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  • w8w8
    ·2021-04-06
    Steamed
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  • Vikkilai
    ·2021-04-06
    Wow. That's great
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  • Futou
    ·2021-04-05
    Good
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    收起
    • IAmThankful
      [呆住]
      2021-04-05
      回复
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    • jerial
      Hood
      2021-04-05
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    • Jazling
      Ok
      2021-04-06
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  • 814f811
    ·2021-04-05
    very good
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  • dylRockies
    ·2021-04-05
    明明就是一坨屎,非要伪装成巨头?shit
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  • Maydelyn
    ·2021-04-05
    Yay!! One of the stock I am holding now.. my second largest US position. 😍🥰
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  • KelvinOngLah
    ·2021-04-05
    [微笑]
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  • LEEQF
    ·2021-04-05
    Hi everybody! Could u guys help like and comment here?
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    收起
    • feifeis
      👍
      2021-04-05
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    • 33conjurers
      [呆住]
      2021-04-05
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    • Jazling
      Ok
      2021-04-06
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    查看更多 1 条评论
  • EilselMil
    ·2021-04-05
    Nice
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  • Leesen
    ·2021-04-05
    Great
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  • Ash7m
    ·2021-04-05
    Nice. 
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