Form 10-Q Snap Inc For: Jun 30

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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

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