Snap (SNAP) February weekly 32 straddle priced for a move of +/- 17.5% into quarter results

Go back to Snap (SNAP) February weekly 32 straddle priced for a move of +/- 17.5% into quarter results

Goldman Sachs Reiterates Buy Rating on Snap Inc (SNAP), 'Demonstrating Secular Growth Dynamic Despite Headwinds'

February 4, 2022 4:29 AM EST

Goldman Sachs analyst Eric Sheridan reiterated a Buy rating and $65.00 price target on Snap Inc (NYSE: SNAP)

The analyst comments "Snap's Q4 21 earnings report (after underperforming since its last earnings report, (67)% vs. S&P 500 (2)%) addressed many of the investor fears that had grown in the interim period by showing upside to revenue... More