Snap (SNAP) Prices IPO at $17, Above Expected Range

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Go back to Snap (SNAP) Prices IPO at $17, Above Expected Range

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

Instinet Starts Snap Inc (SNAP) at Reduce

March 2, 2017 1:14 PM EST

Instinet initiates coverage on Snap Inc (NYSE: SNAP) with a Reduce rating and a price target of $16.00.

Analyst Anthony DiClemente commented, "Snap Inc. is becoming a public company just as its user growth and monetization growth rates are beginning to meaningfully... More