After-Hours Movers: Snap Sinks Following Weak Results, Drags Meta and Pinterest Lower

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CFRA Downgrades SVB Financial (SIVB) to Hold

October 21, 2022 9:46 AM EDT

CFRA downgraded SVB Financial (NASDAQ: SIVB) from Buy to Hold.

For an analyst ratings summary and ratings history on SVB Financial click here. For more ratings news on SVB Financial click here.

Shares of SVB Financial closed at $302.46 yesterday.

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Snap Inc (SNAP) PT Lowered to $8 at Rosenblatt

October 21, 2022 6:59 AM EDT

Rosenblatt analyst Barton Crockett lowered the price target on Snap Inc (NYSE: SNAP) to $8.00 (from $13.00) while maintaining a Neutral rating.

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Snap Inc (SNAP) PT Lowered to $8 at Susquehanna

October 21, 2022 6:37 AM EDT

Susquehanna analyst Shyam Patil lowered the price target on Snap Inc (NYSE: SNAP) to $8.00 (from $11.00) while maintaining a Neutral rating.

The analyst commented, "SNAP continues to face serious headwinds, including the difficult macro environment, increased competition, and platform changes. These challenges weighed on... More