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- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Oil market losses easing as nearly 80% of disrupted supply returns, UBS says
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Credit Suisse Reiterates Outperform on Snap (SNAP) Following 3Q Report
October 26, 2018 10:06 AM EDTCredit 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 EDTRBC 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
