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Snap Inc (SNAP) PT Lowered to $15 at Cantor Fitzgerald Following 2Q
August 14, 2017 7:47 AM EDTCantor Fitzgerald lowered its price target on Snap Inc (NYSE: SNAP) to $15.00 (from $17.00) while maintaining a Neutral rating following the company's 2Q release. Both DAUs and ARPU came in below consensus expectations, causing revenue and EBITDA to miss by 2.4%/5.3% respectively. Cantor updated 2017 EPS estimates to $(2.60) from $(2.20), and... More
Snap Inc (SNAP) PT Lowered to $12 at UBS Following 2Q Miss
August 11, 2017 8:53 AM EDTUBS lowered its price target on Snap Inc (NYSE: SNAP) to $12.00 (from $19.00) while maintaining a Neutral rating following the company's 2Q. SNAP reported revenue and adjusted EBITDA missing consensus by $5m and $10m respectively.
UBS cut 3Q revenue estimates to $257m from... More
