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FB

Facebook

$188.46

-0.43 (-0.23%)

17:56
06/18/19
06/18
17:56
06/18/19
17:56

House Banking chair Waters calls on Facebook to halt Libra, Reuters says

House Financial Services Committee chairwoman Maxine Waters is calling on Facebook to suspend the development of its cryptocurrency platform Libra and allow Congress and regulators to review its plans, Reuters' Pete Schroeder reports, citing Waters' statement. The congresswoman expressed concerns that "Facebook has data on billions of people and has repeatedly shown a disregard for the protection and careful use of this data", the report notes, adding that her Republican committee counterpart Patrick McHenry also wishes to hold a hearing on Facebook's efforts. Reference Link

  • 10

    Jul

FB Facebook
$188.46

-0.43 (-0.23%)

06/17/19
RHCO
06/17/19
NO CHANGE
Target $215
RHCO
Buy
Facebook's crypto currency initiative expands growth prospects, says SunTrust
SunTrust analyst Youssef Squali keeps his Buy rating and $215 price target on Facebook ahead of its Libra currency currency initiative White Paper release tomorrow and launch next year, with recent press reports suggesting that over a dozen large financial institutions have partnered with the company into the launch. The analyst notes that while no details have been leaked yet, this is a "major initiative" for the company as it would "materially" expand its growth prospects and total addressable market. Squali also states that the crypto foray is a "strong indicator" of Facebook's "intent to become a transactional platform."
06/18/19
DADA
06/18/19
NO CHANGE
Target $200
DADA
Buy
Facebook's Libra among its 'most important' initiatives, says DA Davidson
DA Davidson analyst Alan Gould kept his Buy rating and $200 price target on Facebook, saying the company's new digital currency Libra is among its "most important initiatives" in the efforts to "commercialize the value" of its messaging platform. The analyst notes that Facebook's crypto-coin service "competes the loop" from customer acquisition to private B2C communications to enabling secure transactions, and sees the business as a "large global opportunity" that also offers the company diversification from advertising revenue. Currently trading at 20.5-times his expected FY20 earnings, Gould believes that Facebook's market valuation does not fully account for the full monetization potential of its WhatsApp or Messenger platforms.
06/18/19
RHCO
06/18/19
NO CHANGE
RHCO
SunTrust says Facebook's cryptocurrency initiative should bring credibility
SunTrust analyst Youssef Squali maintained a Buy rating and $215 pirce target on Facebook shares. In a "Quick Thoughts" note, Squali noted that Facebook "finally published its white paper this morning detailing its plans for building a stable currency on a secure and stable blockchain platform to offer more access to better and cheaper financial services worldwide." He added that unlike most cryptocurrencies, this one would be backed by real assets, and governed by credible industry players, "which should both limit the volatility of the currency and bring much needed credibility to this initiative."
06/18/19
TIGR
06/18/19
NO CHANGE
TIGR
Strong Buy
Facebook's Libra cryptocurrency 'major game changer', says Tigress Financial
Tigress Financial analyst Ivan Feinseth kept his Strong Buy rating on Facebook after its release of a white paper on its new Libra cryptocurrency payment system. The analyst believes that the coin will be a "game changer", allowing the company to be a "major participant" in the $1.4T e-commerce marketplace. Feinseth expects the Libra platform to "drive new business partnerships" in the e-commerce marketplace while also driving its ability to offer access for advertisers and additional business services. The analyst further notes that he expects "significant upside" in Facebook shares from current levels.

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LEG

Leggett & Platt

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0.63 (1.59%)

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Swedish Match

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BLDP

Ballard Power

$4.06

0.02 (0.50%)

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Hot Stocks
Ballard Power announces order from Wrightbus for 15 fuel cell modules »

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HSBC

HSBC

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0.21 (0.51%)

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RIO

Rio Tinto

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MPW

Medical Properties Trust

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0.12 (0.68%)

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TTD

Trade Desk

$245.89

-3.31 (-1.33%)

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  • 08

    Aug

SNAP

Snap

$14.85

0.71 (5.02%)

04:58
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  • 03

    Aug

NRDBY

Nordea Bank

$0.00

(0.00%)

04:57
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GTBIF

Green Thumb Industries

$0.00

(0.00%)

04:55
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Conference/Events
Green Thumb Industries management to meet with Benchmark »

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USWS

U.S. Well Services

$3.25

-0.09 (-2.69%)

04:55
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07/24
04:55
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04:55
Conference/Events
U.S. Well Services management to meet with Piper Jaffray »

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  • 24

    Jul

JLL

Jones Lang LaSalle

$142.91

3.105 (2.22%)

04:55
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04:55
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04:55
Conference/Events
Jones Lang LaSalle management to meet with Mizuho »

Meeting with EVP Monahan…

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LULU

Lululemon

$189.12

1.43 (0.76%)

04:55
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04:55
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Conference/Events
Lululemon management to meet with William Blair »

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  • 24

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AGLE

Aeglea BioTherapeutics

$6.91

-0.05 (-0.72%)

04:55
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04:55
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Conference/Events
Aeglea BioTherapeutics management to meet with Needham »

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JWN

Nordstrom

$29.06

0.3 (1.04%)

04:55
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Nordstrom management to meet with KeyBanc »

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  • 24

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VKTX

Viking Therapeutics

$7.94

-0.28 (-3.41%)

04:55
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Viking Therapeutics management to meet with B. Riley FBR »

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NSSC

Napco Security

$26.27

-0.46 (-1.72%)

04:55
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Napco Security management to meet with William Blair »

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PMI Composite FLASH â€' Level to be reported at 09:45 »

July PMI Composite FLASH…

BCPC

Balchem

$99.86

1.94 (1.98%)

04:55
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07/24
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Balchem management to meet with Seaport Global »

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  • 24

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  • 01

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ADAP

Adaptimmune

$3.49

-0.18 (-4.90%)

04:55
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04:55
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Adaptimmune analyst commentary  »

Adaptimmune management to…

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Week of 7/19 MBA Mortgage…

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