Analysts: Facebook’s Ad Load Comments Misunderstood and 3 More Research Notes to Browse
Facebook Inc. (NASDAQ:FB): CLSA believes the ad load comments by Facebook’s management were misunderstood, and the analyst does not think the comments imply a lower outlook; the firm expects user growth, mobile mix shift, and increased pricing will drive shares. Facebook shares are Buy rated, and the firm has raised the price target to $65 from $60.
Allstate Corp. (NYSE:ALL): Allstate reported stronger-than-expected third-quarter results, and Bernstein believes that the shares will continue to rise. The firm thinks Allstate will benefit from its emphasis on personal lines of insurance and its control of its distribution. Bernstein keeps an Outperform rating on the stock.
Hanesbrands Inc. (NYSE:HBI): Barclays raised its price target on Hanesbrands to $85 from $70 following strong third-quarter results; the firm believes raised expectations may be conservative and pegs an Overweight rating on Hanesbrands shares.
Hyatt Hotels (NYSE:H): Susquehanna noted that Hyatt disappointed on both its margins and EBITDA, but the firm remains positive on the shares based on the company’s solid development pipeline, prospects for rate and margin improvement, and a clean balance sheet; the analyst says shares of Hyatt are Positive rated with a $55 price target.