Pivotal Research Starts Snap Inc (SNAP) at Sell With Price Target of $10
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Snap (SNAP) Adds to Gains After Stellar Debut
March 3, 2017 8:02 AM ESTYesterday's hot IPO for Snap (NYSE: SNAP) is adding to yesterday's surges. After gaining 44% on its debut, shares of SNAP are up another 2.3% in pre-open trade to $25.04. Yesterday's high on the stock was $26.05.
Upside comes despite zero love from the sell-side. So far there are 5 ratings: 2 Neutral and 3 Sells.
... MoreSusquehanna Starts Snap Inc (SNAP) at Neutral, $22 PT
March 3, 2017 6:34 AM ESTSusquehanna initiates coverage on Snap Inc (NYSE: SNAP) with a Neutral rating and a price target of $22.00.
Analyst Shyam Patil commented, "Euphoria could cause a short-term disconnect between fundamentals and valuation, but longer-term we struggle to see SNAP as an investment with meaningful upside potential from current levels."
He said near-term could offer upside potential
"We believe the current price of $24 could... More
Snap (SNAP) Pares Some Gains Heading Into Final Hour of Trading
March 2, 2017 2:54 PM EST(Update)
Snap (NYSE: SNAP) pared gains in late afternoon trading following its IPO today. The stock surged initially, trading as high as $26 per share after pricing at $17 and opening at $24.
The stock currently trades just north of $25 per share.
... MoreAegis Capital Formally Starts Snap (SNAP) at Hold
March 2, 2017 1:40 PM ESTAegis 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 ESTInstinet 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
Snap (SNAP) IPO Opens Up 41%
March 2, 2017 11:20 AM ESTToday's IPO for Snap Inc. (NYSE: SNAP), the parent of social media powerhouse Snapchat, opened for trading at $24 after pricing 200,000,000 shares $17 per share, above the expected $14-$16 range.
Snap Inc. is offering to sell 145,000,000 shares of Class A common stock in this offering. Selling stockholders are offering an additional 55,000,000 shares of... More
