'Could Have Been Worse': 3 Analysts Reflect on Snap (SNAP) After Earnings Miss Pushed Shares Lower

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Snap Inc (SNAP) PT Lowered to $40 at Canaccord Genuity

April 22, 2022 7:15 AM EDT

Canaccord Genuity analyst Maria Ripps lowered the price target on Snap Inc (NYSE: SNAP) to $40.00 (from $46.00) while maintaining a Hold rating.

... More

Snap Inc (SNAP) PT Lowered to $45 at Stifel

April 22, 2022 6:26 AM EDT

Stifel analyst Mark Kelley lowered the price target on Snap Inc (NYSE: SNAP) to $45.00 (from $50.00) while maintaining a Buy rating.... More

Snap Inc (SNAP) PT Lowered to $50 at Piper Sandler

April 22, 2022 6:21 AM EDT

Piper Sandler analyst Thomas Champion lowered the price target on Snap Inc (NYSE: SNAP) to $50.00 (from $53.00) while maintaining a Overweight rating.... More

Snap Inc (SNAP) PT Lowered to $77 at Credit Suisse on Increased Investment to Dig Out of IDFA Challenges

April 22, 2022 6:05 AM EDT

Credit Suisse analyst Stephen Ju lowered the price target on Snap Inc (NYSE: SNAP) to $77.00 (from $88.00) after the company reported 1Q22 results with revenue of $1062.7mm, below consensus of $1069mm but Adj. EBITDA of $64.5mm beat the consensus of $24mm. Daily Active... More

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

April 22, 2022 6:04 AM EDT

Barclays analyst Ross Sandler lowered the price target on Snap Inc (NYSE: SNAP) to $42.00 (from $77.00) while maintaining a Overweight rating.... More

Snap Inc (SNAP) PT Lowered to $47 at Evercore ISI

April 22, 2022 5:52 AM EDT

Evercore ISI analyst Mark Mahaney lowered the price target on Snap Inc (NYSE: SNAP) to $47.00 (from $58.00) while maintaining a Outperform rating.... More

Snap Inc (SNAP) PT Lowered to $45 at Wolfe Research

April 22, 2022 5:46 AM EDT

Wolfe Research analyst Deepak Mathivanan lowered the price target on Snap Inc (NYSE: SNAP) to $45.00 (from $60.00) while maintaining a Outperform rating.... More

Snap Inc (SNAP) PT Lowered to $50 at JMP Securities

April 22, 2022 3:06 AM EDT

JMP Securities analyst Ronald V. Josey lowered the price target on Snap Inc (NYSE: SNAP) to $50.00 (from $65.00) while maintaining a Market Outperform rating.... More

Snap Inc (SNAP) PT Lowered to $55 at Morgan Stanley on Macro Driven Ad Market Uncertainty

April 22, 2022 2:31 AM EDT

Morgan Stanley analyst Brian Nowak lowered the price target on Snap Inc (NYSE: SNAP) to $55.00 (from $59.00) after management offered a cautious macro guide that sets the table for growing uncertainty about the state of the ad markets.

The analyst reiterated an Overweight rating,... More

Snap Inc (SNAP) PT Lowered to $60 at Goldman Sachs

April 22, 2022 12:13 AM EDT

Goldman Sachs analyst Eric Sheridan lowered the price target on Snap Inc (NYSE: SNAP) to $60.00 (from $65.00) while maintaining a Buy rating.... More