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Jefferies raises price targets on Facebook and Alphabet ahead of earnings

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New for subscribers: Jefferies raises price targets on Facebook and Alphabet ahead of earnings. Check out CNBCPro today.

The logo of Alphabet Inc's Google outside the company's office in Beijing, China, August 8, 2018.

Analysts at Jefferies hiked their price targets for a pair of tech giants ahead of first-quarter earnings reports, citing confidence in the strength of the digital advertising market during the opening months of the year.

 

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Pro WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!

Pro This StockMarket Bubble would be called FAANG Bubble! Per WarrenBuffett INTRINSIC VALUE formula, based on 2019-2020 annual reports, $FB $AAPL $GOOGL $NFLX are significantly overvalued, but $AMZN is worst of them all - overvalued by 1,150% compare to IntrinsicValue!!!

Pro All these bs PT ! lol it’s around that time . Go spend that money ! Jefferies told you , dude CNBC is going to make you so rich

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