Snap (SNAP) Tops Q2 EPS by 3c, Q3 Revenue Falls Short of Views at Mid-point
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Morgan Stanley Reiterates Underweight on Snap (SNAP) Following 2Q
August 8, 2018 8:02 AM EDTMorgan Stanley reiterated an Underweight rating and $7.50 price target on Snap Inc (NYSE: SNAP) following the company's 2Q earnings report. 2Q revenue and EBITDA were better than feared, but 2Q user declines expected to continue in 3Q highlight still-existing platform... More
Snap Inc (SNAP) PT Maintained at $17 at Goldman Sachs on 2Q Report; 'Evidence of Significant Monetization Potential'
August 8, 2018 7:52 AM EDTGoldman Sachs maintained its price target on Snap Inc (NYSE: SNAP) at $17.00 while maintaining a Buy rating, following the company's second quarter earnings report.
Analyst Heath Terry notes a positive outlook on the shares, as SNAP reported second quarter earnings per share and... More
Snap Inc (SNAP) PT Raised to $13 at Deutsche Bank; More Positive on Monetization Side
August 8, 2018 7:25 AM EDTDeutsche Bank raised its price target on Snap Inc (NYSE: SNAP) to $13.00 (from $12.00) while maintaining a Hold rating.
Analyst Lloyd Walmsley commented, "Snap reported mixed 2Q results directionally in line with our preview (soft on DAUs but with an improving monetization outlook). While we expected DAUs to go negative Q/Q in the... More
Nomura/Instinet Remains Sidelined on Snap (SNAP) Following 2Q
August 8, 2018 7:22 AM EDTNomura/Instinet reiterated a Neutral rating and $13.00 price target on Snap Inc (NYSE: SNAP) following the company's 2Q earnings report. Results were better despite declining DAUs, and analyst Mark Kelley thought the commentary around the Android rebuild indicated that there might... More
