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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