China's Tencent Takes a 12% Stake in Snap (SNAP)

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Snap Inc (SNAP) PT Lowered to $14 at Oppenheimer

November 8, 2017 9:26 AM EST

Oppenheimer lowered its price target on Snap Inc (NYSE: SNAP) to $14.00 (from $16.00) while maintaining a Outperform rating.

Analyst Jason Helfstein said while the level of product innovation remains extremely high, the company is only now approaching the end of its transition to auction-based pricing (80%... More

Snap (SNAP) Sees Red-to-Green Reversal Following Tencent News

November 8, 2017 6:36 AM EST

Snap (NYSE: SNAP) has reversed after-hours losses of over 16% and is now up 2% following the Tencent news.

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