Snap Inc. (SNAP) Viewed as 'Overvalued Chat Company' by Raymond James
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/4/2026
- Wall St slides after strong jobs report bolsters hawkish Fed bets
- US nonfarm payrolls surge in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil slides on Friday, heads for weekly gain on US-Iran fight
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
UPDATE: Raymond James Downgrades Snap Inc (SNAP) to Underperform, Overvalued Chat Company
January 12, 2018 4:01 AM EST(Updated - January 12, 2018 7:34 AM EST)
(updated to add analyst comment)
Raymond James downgraded Snap Inc (NYSE: SNAP) from Market Perform to Underperform.
Analyst Aaron Kessler offers five reasons for being so negative on the company:
our view... More