This morning, Topeka Capital increased its price target on shares of Facebook (FB) to $60 as advertising trends are encouraging and earnings should benefit. In the report, Topeka increased its EPS estimates as well and reiterated its buy rating. Shares of Facebook were lower with the markets this morning, falling 0.7% so far.
And Jefferies increased its price target on shares of Halliburton (HAL) to $58 as market conditions are favorable for the oil services sector. In the report, Jefferies maintained its buy rating. Shares of Halliburton were also lower today, falling 0.3%.
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