Facebook Stock to Keep Surging, Says Analyst

Facebook stock will rally significantly due to strong future financial results, according to Rosenblatt Securities.

But so far this year, the stock has rebounded up 28%. The company issued a better-than-expected fourth-quarter earnings report on Jan. 30. var mobBreakpoint=661; addMobClassToRelatedInset; whenAvailable { $.resize { addMobClassToRelatedInset; }); function defer { if !==null) { method; } else { setTimeout { defer }, 100); } } defer { var curr_article_SBID=document.querySelector.getAttribute; var inputs=document.getElementsByClassName; for ) { targetEl.classList.

The analyst played down the prospect of any regulatory action to force a breakup of the company’s social-media properties.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Don’t expect the U.S. stock market to keep rising at the current paceDon't expect the U.S. stock market to keep rising at the current pace, says TheAroraReport:
Source: MarketWatch - 🏆 3. / 97 Read more »

Election jitters to keep India stock market on edge: Reuters pollHow Indian shares fare this year will depend heavily on the outcome of national ... Election jitters? Today? What about nuclear war jitters, do they have those too?
Source: Reuters - 🏆 2. / 97 Read more »

GW Pharmaceuticals stock rises after earnings beat
Source: MarketWatch - 🏆 3. / 97 Read more »

Papa John's stock rises despite earnings, revenue missPapa John's shares rose in extended trading after the company missed on earnings and revenue. Silly Do NOT buy papa johns! They suck! I haven't had a Papa John's pizza in years. I wouldn't eat that racist's pizza even if it was free. PapaJohns - change your name if Papa is truly gone. If not, enjoy the boycott.
Source: CNBC - 🏆 12. / 72 Read more »

Weight Watchers stock plummets more than 30% after earnings show mixed results, weak guidance
Source: MarketWatch - 🏆 3. / 97 Read more »

Palo Alto Networks stock rallies after big earnings beat
Source: MarketWatch - 🏆 3. / 97 Read more »

Mylan stock drops 6% as earnings, forecast come in short of profit expectations
Source: MarketWatch - 🏆 3. / 97 Read more »