Snap (SNAP) straddle priced for 11% move into EPS

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Snap Inc (SNAP) PT Raised to $13 at Stifel

April 24, 2019 7:19 AM EDT

Stifel analyst John Egbert raised the price target on Snap Inc (NYSE: SNAP) to $13.00 (from $10.00) while maintaining a Hold rating following the company's 1Q. Snap grew total revenue +39% y/y to $320mm in 1Q, which was ~5% above the Streets $306mm forecast... More