Snap Inc. Announces Third Quarter 2019 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
Snap Inc (SNAP) PT Raised to $21 at RBC Capital; Q3 Results 'Strong'
October 23, 2019 6:19 AM EDTRBC Capital analyst Mark Mahaney raised the price target on Snap Inc (NYSE: SNAP) to $21.00 (from $20.00) while maintaining an Outperform rating following "strong" Q3 results. The analyst said the stock is becoming "more investible."
The analyst commented, "SNAP posted Beat & Bracket Q3... More
JPMorgan Upgrades Snap Inc (SNAP) to Overweight, Sees Potential to Capture Greater Ad Spend & Shift into Profitability
October 23, 2019 5:26 AM EDTJPMorgan analyst Doug Anmuth upgraded Snap Inc (NYSE: SNAP) from Neutral to Overweight with a price target of $20.00 (from $17.00).
The analyst comments "We believe Snap shares are increasingly compelling following a 20%+ pullback from recent highs and after delivering 3Q results that we believe showed... More
Snap (SNAP) Tops Q3 EPS by 1c, Offers Q4 Guidance
October 22, 2019 4:12 PM EDTSnap (NYSE: SNAP) reported Q3 EPS of ($0.04), $0.01 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $446 million versus the consensus estimate of $434.79 million.
DAUs were 210 million in Q3 2019, compared to 203 million in Q2 2019 and 186 million in Q3... More