Snap Inc (SNAP) Partnership Summit Announcements Drive Shares 6% Higher - Piper Sandler

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/5/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. SWKS
7. SPY
8. XYZ
9. ANET
10. CVS

Go back to Snap Inc (SNAP) Partnership Summit Announcements Drive Shares 6% Higher - Piper Sandler

Jefferies on Snap Inc (SNAP): 'incrementally positive on SNAP's potential to exceed 50% rev growth '

May 24, 2021 7:13 AM EDT

Jefferies analyst Brent Thrill reiterated a Buy rating and $81.00 price target on Snap Inc (NYSE: SNAP).

The analyst comments "The pace of innovation displayed at SNAP's Annual Partner Summit exceeded our expectations. SNAP announced product improvements across the Map (250M+ MAUs),... More

Snap (SNAP) Buys WaveOptics For $500 Million and Announces New Features to Drive Engagement and User Interactivity, Analysts Have Mixed Views

May 21, 2021 10:55 AM EDT

Snap Inc. (NYSE: SNAP) announced today a deal to acquire WaveOptics, a company that produces lenses for augmented reality glasses, the Verge reported. The deal is Snaps largest ever as the company committed to pay $500 million in cash and stock.

The deal comes just a day after Snap presented a new version of its Spectacles smart glasses to push its shares higher. Moreover, the company announced new augmented-reality e-commerce products and new features for social media creators. All... More