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SNAP

Snap

$13.81

-0.19 (-1.36%)

08:43
07/31/17
07/31
08:43
07/31/17
08:43

Snap downgraded to Mixed from Positive at OTR Global

  • 10

    Aug

  • 13

    Sep

SNAP Snap
$13.81

-0.19 (-1.36%)

07/27/17
NEED
07/27/17
NO CHANGE
Target $185
NEED
Buy
Facebook 'strong over-delivery' a negative for Snap, says Needham
Needham analyst Laura Martin believes Facebook's (FB) "strong over-delivery" of Q2 earnings is negative for Snap (SNAP) because Instagram Stories hit 250M DAU's in Q2, well above Snap's 166M DAU's in Q1. The analyst reiterates a Buy rating and $185 price target on Facebook's shares.
07/25/17
07/25/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Under Armour (UA, UAA) downgraded to Sell from Hold at Deutsche Bank with analyst Paul Trussell saying a "difficult and promotional selling environment along with segmentation challenges" weaken his confidence in the company's near-term results. 2. Snap (SNAP) downgraded to Neutral from Buy with analyst Kevin Rottinghaus citing monetization concerns and increasing pressure from Facebook (FB) competition. 3. Cytori Therapeutics (CYTX) downgraded to Neutral from Buy at B. Riley with analyst Andrew D'Silva citing the STAR trial results, which missed both primary and secondary endpoints. The analyst cut his price target for the shares to 50c from $2.30. 4. lululemon (LULU) downgraded to Hold from Buy at Stifel with analyst Jim Duffy citing valuation. 5. Power Integrations (POWI) downgraded to Hold from Buy at Deutsche Bank with analyst Ross Seymore saying he has no incremental knowledge to support or refute market speculation regarding a potential design win in the upcoming Apple (AAPL) iPhone. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/25/17
CLVD
07/25/17
DOWNGRADE
CLVD
Neutral
Snap downgraded to Neutral on Facebook, monetization concerns at Cleveland
Cleveland Research analyst Kevin Rottinghaus downgraded Snap (SNAP) to Neutral from Buy on monetization concerns and increasing pressure from Facebook (FB) competition. The analyst said Snap's user growth is still being outpaced by Facebook's Instagram and expects Instagram's ad tech advantage to become more pronounced through the remainder of the year. Rottinghaus is concerned about Snap's potential stagnation in user growth, the lack of a viable direct response product, an under developed ad tech suite, and some advertiser disinterest.
07/20/17
JPMS
07/20/17
NO CHANGE
Target $18
JPMS
Neutral
Snap shares could fall further after July 31 lockup, says JPMorgan
Snap shares, which closed yesterday at $14.97, are trading 12% below the $17 initial public offering price and are down nearly 30% since JPMorgan analyst Doug Anmuth cut his estimates on June 5. Snap's lockup expiration is approaching July 31, but importantly, employees will not be able to sell any shares until their trading window opens on Monday, August 14, due to the company's Q2 earnings report on August 10, Anmuth tells investors in a research note. Stepping into the shares after the initial lockup expiration would likely require taking on Q2 earnings risk, the analyst points out. As such, he believes there could still be further share downside into and after that initial July 31 date. Anmuth thinks Snap shares "also may lack specific valuation support." He keeps a Neutral rating on the name with an $18 price target.

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HPE

HP Enterprise

$17.11

-0.19 (-1.10%)

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MDU

MDU Resources

$25.82

0.01 (0.04%)

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$NSD

NASDAQ Market Internals

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$NYE

NYSE Market Internals

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FOSL

Fossil

$7.77

-0.09 (-1.15%)

10:15
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Fossil put volume heavy and directionally bearish »

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10:15
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AMTD

TD Ameritrade

$42.44

-0.93 (-2.14%)

10:13
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Conference/Events
TD Ameritrade management to meet with Jefferies »

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  • 23

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  • 06

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DE

Deere

$113.40

-10.58 (-8.53%)

10:12
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Deere says long term global tail winds for agricultural economy in place »

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  • 18

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CTL

CenturyLink

$19.13

-0.25 (-1.29%)

, LVLT

Level 3

$52.64

-0.35 (-0.66%)

10:12
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CenturyLink, Level 3 analyst commentary  »

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CTL

CenturyLink

$19.13

-0.25 (-1.29%)

LVLT

Level 3

$52.64

-0.35 (-0.66%)

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GD

General Dynamics

$197.16

-0.832 (-0.42%)

10:11
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General Dynamics awarded $115.3M contract modification by Navy »

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  • 23

    Aug

10:05
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FX Action: USD-CAD »

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IWM

iShares Trust Russell 2000 Index Fund

$134.44

-0.49 (-0.36%)

, RUT

Russell 2000 Index

10:02
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Technical View: Russell 2000 Index nears key technical levels »

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IWM

iShares Trust Russell 2000 Index Fund

$134.44

-0.49 (-0.36%)

RUT

Russell 2000 Index

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10:01
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Consumer Sentiment Index data reported »

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QQQ

PowerShares QQQ Trust

$141.33

-2.95 (-2.04%)

10:00
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Defensive spread in PowerShares QQQ »

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10:00
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Breaking General news story  »

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IMUC

ImmunoCellular

$0.32

-0.0191 (-5.65%)

09:56
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Conference/Events
ImmunoCellular to host conference call »

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  • 23

    Aug

ROST

Ross Stores

$53.33

-1.04 (-1.91%)

, EL

Estee Lauder

$102.49

4.165 (4.24%)

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Early notable gainers among liquid option names on August 18th »

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ROST

Ross Stores

$53.33

-1.04 (-1.91%)

EL

Estee Lauder

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NEM

Newmont Mining

$37.16

1.11 (3.08%)

AMAT

Applied Materials

$43.12

-1.34 (-3.01%)

XEC

Cimarex Energy

$96.89

0.59 (0.61%)

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DAL

Delta Air Lines

$47.54

0.01 (0.02%)

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LUV

Southwest

$53.41

0.26 (0.49%)

09:54
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SWN

Southwestern Energy

09:50
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Opening action in Southwest Energy expiring puts »

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  • 23

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HIBB

Hibbett Sports

$11.50

-0.3 (-2.54%)

09:47
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  • 18

    Aug

MATX

Matson

$24.27

-5.08 (-17.31%)

09:46
08/18/17
08/18
09:46
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09:46
Downgrade
Matson rating change  »

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