After-Hours Movers: Snap Plunges on Weak Results and Lack of Guidance
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July 22, 2022 11:08 AM EDT
Evercore ISI analyst Mark Mahaney reiterated an In Line rating and $54.20 price target on Twitter, Inc. (NYSE: TWTR).
The analyst comments "Overall, Twitters topline performance offered little surprises especially on the heels of Snaps earnings. On a reported basis, Twitters Ad Revenue grew 2% Y/Y in Q2,... More
July 22, 2022 11:04 AM EDT
Citi analyst Ronald Josey reiterated a Neutral rating and $36.00 price target on Twitter, Inc. (NYSE: TWTR).
The analyst comments "Not surprisingly, Twitters 2Q22 results were impacted by advertising headwinds associated with a weakening macro-economic environment as well as uncertainty associated with its... More
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
July 22, 2022 8:09 AM EDT
Cowen analyst John Blackledge lowered the price target on Snap Inc (NYSE: SNAP) to $10.00 (from $17.00) while maintaining a Market Perform rating.
The analyst commented, "SNAP's 2Q topline growth of +13% y/y was 3% below cons, while EBITDA was down... More
July 22, 2022 7:55 AM EDT
Jefferies analyst John Hecht lowered the price target on Capital One Financial (NYSE: COF) to $150.00 (from $170.00) while maintaining a Buy rating.
The analyst commented, "2Q22 EPS of $4.96 trailed our $5.29/Street's $5.09. COF's PPNR was 7% shy of our forecast on higher expenses, specifically... More
