This morning, UBS increased its price target on shares of Facebook (NASDAQ:FB) to $45 as channel checks have shown strong momentum for advertising. In the report, UBS also increased its earnings estimates. Shares of Facebook were modestly lower on Friday, falling 0.3%.
Citigroup increased its EPS estimates on shares of Annaly Capital Management (NYSE:NLY) following a stronger-than-expected second quarter report. In the report, Citigroup set a $12 price target. Shares of NLY were lower today, falling 0.6% to trade just above the $12 price target.
And Benchmark increased its EPS estimates on shares of Priceline.com (NASDAQ:PCLN) through 2014 as the company continues to gain market share both in the US and internationally. Benchmark reiterated its buy rating in the report. Shares of Priceline.com were higher on the news, picking up 4.7% so far.
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