BofA Previews Snap's (SNAP) Q3 EPS
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Price: $5.43 -0.73%
Rating Summary:
21 Buy, 40 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 26 | Down: 25 | New: 65
Rating Summary:
21 Buy, 40 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 26 | Down: 25 | New: 65
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BofA analyst Justin Post on Snap (NYSE: SNAP): "With seemingly stable DAUs growth, we remain constructive on Snap’s long-term ARPU expansion opportunity. Finally, we see Snap’s late-August revenue update (+8% QTD) as suggesting upside potential in 3Q, but acknowledge potential ad spend volatility around negative macro data points in Sept/4Q."
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