Snap Inc (SNAP) PT Lowered to $70 at Atlantic Equities

Snap Inc (SNAP) PT Raised to $60 at Jefferies

Jefferies analyst Brent Thrill raised the price target on Snap Inc (NYSE: SNAP) to $60.00 (from $55.00) while maintaining a Buy rating.

The analyst commented, "Against the worst investor sentiment since 2018 SNAP delivered a 8% rev beat and Q1 rev guidance 4% ahead of street at... More

Snap Inc (SNAP) PT Lowered to $50 at Rosenblatt

Rosenblatt analyst Mark Zgutowicz lowered the price target on Snap Inc (NYSE: SNAP) to $50.00 (from $85.00) while maintaining a Buy rating.

The analyst commented, "We are encouraged by SNAP's ability to navigate iOS-related measurement headwinds given better-than-expected adoption of its own first-party measurement solutions (Advanced... More

Snap Inc (SNAP) PT Lowered to $42 at Susquehanna

Susquehanna analyst Shyam Patil lowered the price target on Snap Inc (NYSE: SNAP) to $42.00 (from $60.00) while maintaining a Neutral rating.

The analyst commented, "SNAP reported a solid 4Q and provided a 1Q guide that was much better than feared. SNAP acknowledged that macro... More

"Snaps Back': Snap (SNAP) Stock Explodes 50% After First Profitable Quarter, Analyst Says Recovery 'Better Than Feared'

Snap (NYSE: SNAP) reported better-than-expected Q4 2021 earnings, revenue and user growth numbers, as well as its first quarterly net profit. As a result, Snap stock price is up around 49% in premarket trading Friday.

The social media company reported an adjusted EPS of 22 cents, compared to analyst consensus of 10 cents, according to Refinitiv. Revenue stood at $1.3 billion, slightly above the $1.2 billion consensus.

The number of reported Global Daily Active Daily Users (DAUs) was 319 million for the quarter, topping the consensus estimates of 316.9... More