Snap (SNAP) Tops Q2 EPS by 18c, Revenue Misses, Doesn't Provide Guidance

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Go back to Snap (SNAP) Tops Q2 EPS by 18c, Revenue Misses, Doesn't Provide Guidance

Snap Inc (SNAP) PT Lowered to $12 at Guggenheim

July 22, 2022 8:11 AM EDT

Guggenheim analyst Michael Morris lowered the price target on Snap Inc (NYSE: SNAP) to $12.00 (from $18.00) while maintaining a Neutral rating.

The analyst commented, " On June 22 we lowered our 2Q22 SNAP ad revenue growth forecast to 10% based on our analysis of third-party ad portal... More

JPMorgan on Snap (SNAP): 'not giving Q3 guidance which is the focus point of this print', 'directionally negative for the digital ad names'

July 21, 2022 4:25 PM EDT

Analyst Jack Atherton comments "We are initiating coverage on shares of Riverview Acquisition Corp. (RVAC) with a Buy rating and a $15 price target. RVAC is a special purchase acquisition company (SPAC) which recently announced a merger agreement with Westrock Coffee Holdings. Westrock Coffee is a leading integrated coffee, tea,... More

Meta Platforms (META), Other Peers Trade Lower in Sympathy with Snap (SNAP)

July 21, 2022 4:14 PM EDT

(Updated - July 21, 2022 4:57 PM EDT)

Meta Platforms (NASDAQ: META) Trades Lower in Sympathy with Snap (NYSE: SNAP)

META -6%SNAP -20% Following ResultsAlphabet (NASDAQ: GOOGL) -3%Twitter (NYSE: TWTR) -1.7%Pinterest (NYSE: PINS) -7%... More