Snap Inc. Announces Second Quarter 2019 Financial Results
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Snap Inc (SNAP) PT Raised to 'Street High' $21 at Rosenblatt
July 24, 2019 7:06 AM EDTRosenblatt analyst Mark Zgutowicz raised the price target on Snap Inc (NYSE: SNAP) to a Street High $21.00 (from $18.00) while maintaining a Buy rating following results.
The analyst commented, "Exciting to see a slew of SNAP new product rollouts beginning to gain... More
Snap Inc (SNAP) PT Raised to $20 at RBC Capital
July 24, 2019 6:56 AM EDTRBC Capital analyst Mark Mahaney raised the price target on Snap Inc (NYSE: SNAP) to $20.00 (from $17.00) while maintaining an Outperform rating.
The analyst commented, "SNAP posted Beat & Raise Q2 results, with Revenue & EBITDA strongly better than RBC/Street, with DAUs... More
Snap Inc (SNAP) PT Raised to $12 at Susquehanna
July 24, 2019 6:26 AM EDTSusquehanna analyst Shyam Patil raised the price target on Snap Inc (NYSE: SNAP) to $12.00 (from $9.00) while maintaining a Negative rating.
"No surprises in 2Q and no big positive catalysts left for 2H. At 14x EV/sales, we think the risk/reward skews to the downside," Patil commented.
... MoreSnap (SNAP) Tops Q2 EPS by 4c; Guides Q3 Revs Above Views
July 23, 2019 4:11 PM EDTSnap (NYSE: SNAP) reported Q2 EPS of ($0.06), $0.04 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $388 million versus the consensus estimate of $359.56 million.
DAUs were 203 million in Q2 2019, compared to 190 million in Q1 2019 and 188 million in Q2... More