NEW YORK (TheStreet) -- Analysts at JMP Securities raised their price target on Facebook Inc. stock to $94 from $85 on Thursday morning. The firm said it upped its numbers on the social media company following Facebook's 2014 fourth quarter earnings results which showed strong advertising growth and earnings and revenue that came in above estimates. For the most recent quarter Facebook's adjusted earnings were 54 cents per share compared to the 48 cents per share analysts polled by Thomson Reuters were expecting. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Revenue for the 2014 fourth quarter was $3.85 billion versus the $3.53 billion forecast by analysts. "In our view, a key takeaway from the quarter is that Facebook users now consume 3+ billion video views per day and we believe there is more than sufficient video consumption for Facebook to ramp its auto-play video ads throughout 2015 without impact to the user experience," JMP said. Shares of Facebook are up by 0.49% to $76.61 in pre-market trading today. For more on this subject click here. Separately, TheStreet Ratings team rates FACEBOOK INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate FACEBOOK INC (FB) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation." You can view the full analysis from the report here: FB Ratings Report FB data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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