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SNAP

Snap

$18.85

4.79 (34.07%)

10:23
02/07/18
02/07
10:23
02/07/18
10:23

Snap upgraded to Hold from Sell at Summit Insights

Summit Insights analyst Jonathan Kees upgraded Snap to Hold with a $16 price target telling investors recent strategies are showing signs of traction. The analyst notes cumulative changes are still early and fraught with execution and market risks, but gives management credit for the changes to the core product and to the ad model.

  • 07

    Feb

  • 23

    Feb

  • 07

    Mar

SNAP Snap
$18.85

4.79 (34.07%)

02/07/18
MSCO
02/07/18
NO CHANGE
Target $11
MSCO
Underweight
Snap's 'next story' still uncertain, says Morgan Stanley
Morgan Stanley analyst Brian Nowak noted that Snap's Q4 results were better than expected, but he thinks the durability of the momentum into 2018 is less certain. The analyst, who still sees challenges and uncertainties as Snap works to turn its platform around, only increased his 2018 and 2019 revenue estimates by 3% each following the Q4 report. Nowak edged up his price target on Snap to $11 from $10 and keeps an Underweight rating on the stock, which has been upgraded by at least six other firms this morning.
02/07/18
LEHM
02/07/18
NO CHANGE
Target $21
LEHM
Overweight
Barclays gives Snap its first 'Gatorade shower,' ups price target to $21
Barclays analyst Ross Sandler raised his price target for Snap to $21 from $18 saying the company last night reported daily active users and revenue that were 4M and 13% above consensus. In a post-earnings research note titled "SNAP Takes Its First Gatorade Shower," Sandler adds that the tone of the conference call was upbeat. He reiterates his belief that the worst is behind Snap and thinks the stock can "grind higher" despite today's 21% rally. The stock in premarket trading is up $2.89 to $16.95. Ross keeps an Overweight rating on the name.
02/07/18
ADAM
02/07/18
NO CHANGE
Target $16
ADAM
Hold
Snap made progress on product redesign and user growth, says Canaccord
Canaccord analyst Michael Graham said Snap's Q4 results were generally solid, as the company made progress on product redesign and daily active user growth. They also made progress on its advertising platform, but the analyst said the key for 2018 will be to see its density build. Graham maintained his Hold rating and raised his price target to $16 from $12 on Snap shares.
02/07/18
OPCO
02/07/18
NO CHANGE
Target $19
OPCO
Outperform
Snap price target raised to $19 from $14 at Oppenheimer
Oppenheimer analyst Jason Helfstein raised his price target for Snap to $19 from $14 after the company reported significantly better than expected Q4 revenue and user growth. The analyst reiterates an Outperform rating on the shares.

TODAY'S FREE FLY STORIES

RRR

Red Rock Resorts

$33.76

-0.83 (-2.40%)

05:49
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NRG

NRG Energy

$25.26

0.26 (1.04%)

05:49
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LDOS

Leidos

$65.75

0.54 (0.83%)

05:47
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Leidos analyst commentary  »

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ENTL

Entellus Medical

05:45
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Conference/Events
Entellus Medical to host special shareholder meeting »

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FSLR

First Solar

$66.28

-0.42 (-0.63%)

05:44
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HPP

Hudson Pacific

$30.66

0.42 (1.39%)

05:41
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OJSCY

Rosneft

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MIC

Macquarie Infrastructure

$37.41

-26.21 (-41.20%)

05:39
02/23/18
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05:39
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ACIA

Acacia Communications

$41.84

-1.6 (-3.68%)

05:39
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05:39
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XPO

XPO Logistics

$93.56

-0.43 (-0.46%)

05:37
02/23/18
02/23
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05:37
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SNY

Sanofi

$39.85

0.34 (0.86%)

, BIVV

Bioverativ

$104.30

0.39 (0.38%)

05:35
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02/23
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05:35
Hot Stocks
Sanofi announces expiration of HSR waiting period for acquisition of Bioverativ »

Sanofi (SNY) announced…

SNY

Sanofi

$39.85

0.34 (0.86%)

BIVV

Bioverativ

$104.30

0.39 (0.38%)

03/08/13
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03/06/13
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KNX

Knight-Swift

$47.83

-0.47 (-0.97%)

05:34
02/23/18
02/23
05:34
02/23/18
05:34
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Knight-Swift analyst commentary  »

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SBGL

Sibanye Gold

$4.05

-0.38 (-8.58%)

05:26
02/23/18
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05:26
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INGIF

Ingenico Group

05:23
02/23/18
02/23
05:23
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05:23
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MOMO

Momo

$30.53

-1.44 (-4.50%)

05:22
02/23/18
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05:22
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Momo acquires Tantan in cash, stock transaction »

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GDDY

GoDaddy

$55.43

-0.27 (-0.48%)

05:20
02/23/18
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05:20
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SRE

Sempra Energy

$106.64

1.21 (1.15%)

05:19
02/23/18
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Sempra Energy raises annualized dividend by 9% to $3.58 per share »

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  • 27

    Feb

MB

Mindbody

$35.55

2.2 (6.60%)

05:18
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FNGN

Financial Engines

$29.95

-0.45 (-1.48%)

05:17
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OKTA

Okta

$35.82

0.49 (1.39%)

05:14
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COTV

Cotiviti Holdings

$34.21

-0.32 (-0.93%)

05:11
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05:11
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ARD

Ardagh Group

$19.01

0.8 (4.39%)

05:09
02/23/18
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05:09
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BSX

Boston Scientific

$26.48

-0.29 (-1.08%)

05:03
02/23/18
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SGMO

Sangamo

$25.40

3.2 (14.41%)

, GILD

Gilead

$79.40

-1.29 (-1.60%)

05:00
02/23/18
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05:00
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05:00
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Sangamo, Gilead analyst commentary  »

Sangamo price target…

SGMO

Sangamo

$25.40

3.2 (14.41%)

GILD

Gilead

$79.40

-1.29 (-1.60%)

03/08/13
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EMN

Eastman Chemical

$101.51

0.42 (0.42%)

04:55
02/23/18
02/23
04:55
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04:55
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Eastman Chemical management to meet with Jefferies »

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