Snap (SNAP) Tops Q3 EPS by 2c, Revenues Beat

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Credit Suisse Reiterates Outperform on Snap (SNAP) Following 3Q Report

October 26, 2018 10:06 AM EDT

Credit Suisse analyst, Stephen Ju, reiterated an Outperform rating and $12.00 price target on Snap Inc (NYSE: SNAP) following the company's 3Q earnings report. Snap reported revenue of $297.7mm vs. consensus of $283.4mm. Adjusted EBITDA was ($138.4)mm vs. consensus of ($169.5)mm.

Snap also issued 4Q18... More

Snap Inc (SNAP) PT Lowered to $8 at RBC Capital

October 26, 2018 7:37 AM EDT

RBC Capital analyst Mark Mahaney lowered the price target on Snap Inc (NYSE: SNAP) to $8.00 (from $16.00) while maintaining an Outperform rating.

The analyst commented, "Q3 Revenue & EBITDA results came in better than RBC/Street ests, and the Q4 Revenue/EBITDA Guides... More

Snap Inc (SNAP) PT Lowered to $7 at Nomura/Instinet on 3Q Report; 'Strong Monetization' but 'Android Drags...Weaker Engagement Trends'

October 26, 2018 6:01 AM EDT

Nomura/Instinet analyst Mark Kelley lowered the price target on Snap Inc (NYSE: SNAP) to $7.00 (from $8.00) while maintaining a Neutral rating, following the company's third quarter earnings report.

Analyst Kelley notes a cautious outlook on the shares, despite SNAP reporting third quarter... More