Snap (SNAP) Misses Q2 EPS by 1c, Sales Light
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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
Drexel Hamilton Reiterates Buy Rating & $30 PT on Snap Inc. (SNAP): 'We Are Raising Estimates... We Would be Aggressive Buyers on Weakness'
August 11, 2017 11:11 AM EDTDrexel Hamilton reiterates Buy rating and $30 price target on Snap Inc (NYSE: SNAP), following the company's second quarter earnings report.
Analyst Brian White comments,
Snap continues to grow at a rapid pace, introduce new innovations and roll-out compelling content; however, the... 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
Snap Inc (SNAP) PT Lowered to $17 at BofA/Merrill Lynch
August 11, 2017 8:20 AM EDTBofA/Merrill Lynch lowered its price target on Snap Inc (NYSE: SNAP) to $17.00 (from $20.00) while maintaining a Neutral rating.
... MoreDrexel Hamilton Reiterates Buy Rating & $30 PT on Snap (SNAP) Following 'Good Enough' 2Q Report; 'Our Estimates and Price Target are Under Review'
August 11, 2017 7:46 AM EDTDrexel Hamilton reiterates Buy rating and $30 price target on Snap Inc (NYSE: SNAP), following the company's second quarter earnings report.
Analyst Brian White notes the company delivered sales results that surpassed White's projections, despite falling short of consensus EPS and sales projections,... More
Snap Inc (SNAP) PT Lowered to $16 at Jefferies; Patient Investors Should Look Through the Noise
August 11, 2017 7:12 AM EDTJefferies analyst Brian Fitzgerald lowered his price target on Snap Inc (NYSE: SNAP) to $16.00 (from $30.00) while maintaining a Buy rating after its second straight miss.
While near-term issues weigh on the stock, Fitzgerald believes patient investors should look through the noise at the long term opportunity.
... MoreSnap Inc (SNAP) PT Lowered to $12.50 at Piper Jaffray
August 11, 2017 6:59 AM EDTPiper Jaffray lowered its price target on Snap Inc (NYSE: SNAP) to $12.50 (from $16.50) while maintaining a Neutral rating.
Analyst Sam kemp remains skeptical of the company's longevity citing lack of meaningful innovation as competitive pressures rise. The analyst sees potential for NT upside... More
Snap Inc (SNAP) PT Lowered to $23 at Goldman Sachs
August 11, 2017 6:36 AM EDTGoldman Sachs lowered its price target on Snap Inc (NYSE: SNAP) to $23.00 (from $27.00) while maintaining a Buy rating.
Analyst Heath Terry still believes the company's audience and engagement levels represent a unique asset that ought to benefit from growth and diversification of... More
Snap Inc (SNAP) PT Lowered to $10 at Susquehanna
August 11, 2017 6:18 AM EDTSusquehanna lowered its price target on Snap Inc (NYSE: SNAP) to $10.00 (from $12.00) while maintaining a Neutral rating following the second straight miss.
Analyst Shyam Patil notes Facebook is making it hard for SNAP. The quarter exhibited further monetization and user growth issues, and... More
Snap Inc (SNAP) PT Lowered to $18 at Stifel, Remains Bullish, Negatively Revises EPS Estimates
August 11, 2017 5:40 AM EDTStifel lowered its price target on Snap Inc (NYSE: SNAP) to $18.00 (from $22.00) while maintaining a Buy rating.
Analyst Scott Devitt believes the culprit for the company's light Q2 revenue was its ad buying mix shifting significantly to the recently launched API/self-service... More
Snap Inc (SNAP) PT Lowered to $15 at Canaccord Genuity
August 11, 2017 5:35 AM EDTCanaccord Genuity lowered its price target on Snap Inc (NYSE: SNAP) to $15.00 (from $22.00) while maintaining a Hold rating.
Analyst Michael Graham anticipates the company will go through some further growing pains but believes that sometime in 2018 the company should set... More
Snap Inc (SNAP) PT Lowered to $13 at Citi
August 11, 2017 5:33 AM EDTCiti lowered its price target on Snap Inc (NYSE: SNAP) to $13.00 (from $19.00) while maintaining a Neutral rating.
... MoreSnap Inc (SNAP) PT Lowered to $13 at Barclays, Negative FY 2017/2018 EPS Revisions
August 11, 2017 5:32 AM EDTBarclays lowered its price target on Snap Inc (NYSE: SNAP) to $13.00 (from $18.00) while maintaining a Equalweight rating.
Analyst Ross Sandler says trends are improving but not fast enough. The analyst believes the company is making the right choices by reducing price to... More
Snap Inc (SNAP) PT Lowered to $8 at Summit Redstone
August 11, 2017 5:28 AM EDTSummit Redstone lowered its price target on Snap Inc (NYSE: SNAP) to $8.00 (from $10.00) while maintaining a Sell rating.
Analyst Jon Kees believes the company will likely become a niche tool for advertisers seeking under 25 year olds and therefore should continue to see as... More
Snap (SNAP) CEO Evan Spiegel and CTO Bobby Murphy promise to not sell their shares this year
August 10, 2017 5:43 PM EDTOn the call, Snap (NYSE: SNAP) CEO Evan Spiegel and CTO Bobby Murphy promise to not sell their shares this year
... More
