Facebook (FB), Twitter (TWTR) on Watch Into Snap (SNAP) IPO Pricing; Some See as 'Source of Funds'

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Go back to Facebook (FB), Twitter (TWTR) on Watch Into Snap (SNAP) IPO Pricing; Some See as 'Source of Funds'

Aegis Capital Formally Starts Snap (SNAP) at Hold

March 2, 2017 1:40 PM EST

Aegis Capital formally initiates coverage on Snap Inc. (NYSE: SNAP) with a Hold rating and a price target of $22.00 (orig from 02/28).

Victor Anthony commented, "Our concerns about Snaps business and stock are eight-fold: 1) slow user growth and no growth in some regions same issue with Sell-rated Twitter; 2) the ease by which... More