Snap Inc. Reports Fourth Quarter and Full Year 2017 Results
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February 7, 2018 9:46 AM EST
Oppenheimer raised its price target on Snap Inc (NYSE: SNAP) to $19.00 (from $14.00) while maintaining a Outperform rating following the company's 4Q earnings report. SNAP reported significantly better than expected 4Q revenue and user growth. NA revenue was 11% above consensus. European revenue 23% above... More
February 7, 2018 8:55 AM EST
Wells Fargo raised its price target on Snap Inc (NYSE: SNAP) to $16.00 (from $13.00) while maintaining a Market Perform rating.
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February 7, 2018 7:20 AM EST
Stifel raised its price target on Snap Inc (NYSE: SNAP) to $17.00 (from $13.00) while maintaining a Hold rating.
Analyst John Egbert commented, "Snap posted surprisingly strong 4Q:17 results as revenue topped Street forecasts by ~13% and net DAU additions beat expectations by ~50% as the... More
February 7, 2018 6:57 AM EST
Wedbush raised its price target on Snap Inc (NYSE: SNAP) to $12.50 (from $9.00) while maintaining a Neutral rating.
Analyst Michael Pachter commented, "Snap Delivers Q4 Upside, We Remain Unconvinced It Can Hang with the Bigger Boys"
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February 6, 2018 4:19 PM EST
Snap (NYSE: SNAP) Jumps 30% Following Strong Q4 Print
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February 6, 2018 4:18 PM EST
Snap (NYSE: SNAP) reported Q4 EPS of ($0.13), $0.03 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $285.7 million versus the consensus estimate of $252.95 million.
Operational Highlights
Daily Active Users (DAU)(1) increased 8.9 million or 5% sequentially to 187 million, representing the highest net adds...
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