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SNAP

Snap

$14.00

-0.58 (-3.98%)

07:24
10/23/19
10/23
07:24
10/23/19
07:24

Snap upgraded to Hold from Underperform at Needham

  • 21

    Nov

SNAP Snap
$14.00

-0.58 (-3.98%)

10/23/19
JPMS
10/23/19
UPGRADE
Target $20
JPMS
Overweight
Snap upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Doug Anmuth upgraded Snap to Overweight from Neutral with a $20 price target.
10/23/19
LEHM
10/23/19
NO CHANGE
Target $20
LEHM
Overweight
Barclays ups Snap target to $20 after upbeat conference call
Snap last night reported daily active users, revenue and EBITDA that were 3M, 3%, and $20M above consensus and sounded upbeat on its conference call, Barclays analyst Ross Sandler tells investors in a research note. He believes the consistency of Snap's results and communication are "likely to inspire confidence in the investment community over time." The analyst would add to positions on any weakness and boosted his price target for the shares to $20 from $19. Sandler keeps an Overweight rating on Snap.
10/23/19
STFL
10/23/19
NO CHANGE
Target $19
STFL
Buy
Stifel says 'don't be spooked,' Snap momentum remains intact
Snap reported upside to revenue, daily active users and adjusted EBITDA in Q3 and its outlook for Q4 met Street expectations, Stifel analyst John Egbert tells investors in a post-earnings research note titled "Don't Be Spooked; Audience Growth, Advertising Momentum, and Operating Leverage Remain Intact." The analyst sees a "clear path" to sustained profitability for Snap despite ongoing investments in sales, content, and longer-term platform and wearable computing initiatives. He reiterates a Buy rating on the shares with an unchanged price target of $19.
10/23/19
RSBL
10/23/19
NO CHANGE
Target $21
RSBL
Buy
Snap shares should be bought on post-earnings weakness, says Rosenblatt
Rosenblatt analyst Mark Zgutowicz reiterates his Buy rating and $21 price target on shares of Snap following the company's Q3 report, stating that he would be a buyer on any weakness in the shares today. Snap's outlook remains "stellar" in terms of both product and demand and he suspects the company's Q4 guidance will prove conservative, Zgutowicz tells investors. Beyond the upcoming holiday quarter, management remains focused on executing and he predicts "a long consistent trajectory ahead," the analyst added.

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