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Credit Suisse Ahead Of Snap's Q2 Earnings Report: Outperform Rating Maintained
Tuesday, July 11, 2017 - 8:17am | 361Shares of Snap Inc (NYSE: SNAP) hit a new all-time low of $16.95 on Monday, marking the first time ever the stock traded below its initial public offering price of $17. But that doesn't mean all analysts are throwing in the towel. Credit Suisse's Stephen Ju maintains an Outperform rating but with a...
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Snap Goes Splat: Sell-Side Reacts To Company's First Earnings Report
Thursday, May 11, 2017 - 4:32pm | 734Despite Snap Inc (NYSE: SNAP)'s poor earnings report and a 20 percent decline in shares of the social media company, not all among Wall Street are throwing in the towel. Here is a roundup of what some of Wall Street's most notable analysts are saying after the dust has settled. The...
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Ross Sandler Highlights Snap's Q1 Positives And What To Monitor
Thursday, May 11, 2017 - 1:11pm | 397Barclays' Ross Sandler maintained an Equal-Weight rating on Snap Inc (NYSE: SNAP)'s stock with an unchanged $18 price target after Snap reported earnings for the first time as a public company. Overall, Snap's revenue exceeded Sandler's estimates but were still short of what his...
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First Quarterly Report From Snap Has No Crackle Or Pop
Thursday, May 11, 2017 - 12:03pm | 443UBS's Eric Sheridan maintains a Neutral rating on Snap Inc (NYSE: SNAP) with a price target lowered from $24 to $19 after reporting a "disappointing" earnings report, but that doesn't necessarily destroy the longer-term picture. Sheridan argued that the social media company's report fell short of...
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5 Takeaways From Snap's Q1
Thursday, May 11, 2017 - 10:37am | 473JPMorgan's Doug Anmuth maintains a Neutral rating on Snap Inc (NYSE: SNAP) but with a price target lowered from $24 to $20 after the company reported its first ever earnings report as a public company. Anmuth's revised price target and Neutral stance are based on five key takeaways from the...
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Jim Cramer Rips Into Evan Spiegel: 'He Needs To Be Hazed'
Thursday, May 11, 2017 - 10:35am | 526Evan Spiegel, co-founder and CEO of Snap Inc (NYSE: SNAP) is earning himself a reputation as being "arrogant." During Snap's post-earnings conference call with analysts, BTIG's Richard Greenfield asked Spiegel a direct but valid question: "Does Facebook Inc (NASDAQ: FB) scare...
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Snap's Decline Post-Initial Earnings Print Offers A Compelling Entry; Oppenheimer Upgrades
Thursday, May 11, 2017 - 9:39am | 372Oppenheimer's Jason Helfstein feels Snap Inc (NYSE: SNAP)'s more than 20-percent decline in relation to its first ever earnings report as a public company marks a compelling entry point for investors. Helfstein upgraded Snap's stock from Perform to Outperform with a newly established $23 price...
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Snap's Earnings Report Reinforces Nomura's Bearish Initiation
Thursday, May 11, 2017 - 8:14am | 367Nomura's Anthony DiClemente initiated coverage of Snap Inc (NYSE: SNAP) shortly after its initial public offering with a Reduce rating and a $16 price target. After the social media company reported its first ever earnings report as a public company, the analyst's stance remains unchanged....
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The Sell-Side Sentiment On Snap Ahead Of Its First-Ever Earnings Report
Tuesday, May 9, 2017 - 11:20am | 979Snap Inc (NYSE: SNAP) is scheduled to report its first earnings report as a public company after Wednesday's market close. It doesn't seem like much time has passed since Snap's highly publicized IPO on March 2 when the stock opened for trading at $17 a share, above the marketed $14 to $16 price...
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4 Key Questions For Snap's Maiden Earnings Report
Monday, May 1, 2017 - 3:00pm | 376Snap Inc (NYSE: SNAP) will report its earnings for the first time as a public company on May 10. Heading into the report, Wells Fargo's Peter Stabler detailed a series of questions that he is expecting to be addressed in the report and the post earnings conference call. 1. Augmented Reality...