- Analyst Andy Hargreaves notes opportunities for Facebook (FB) to raise ad pricing and grow monetization more than counterbalance risk of declining ad load growth. Price target $150 (pre-market $127.80, +0.20%).
- Considers Alphabet's search growth sustainability underestimated and YouTube opportunity. Price target $1,030 (GOOGL pre-market – $827.15, +0.34%; GOOG – $803.95, +0.22%).
- For Twitter (TWTR), notes operational challenges, disadvantages regarding scale and elevated management turnover. Price target $14 (pre-market $16.86, +0.42%).