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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