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Snap's Spectacles 3: What's New?
Tuesday, August 13, 2019 - 11:48am | 196Read More...Snap Inc. (NYSE: SNAP) has unveiled Spectacles 3, the latest version of Spectacles sunglasses with dual HD cameras priced at $380. The company says the Spectacles 3, are a redesigned version of its augmented reality sunglasses with a sleek new design and an added HD camera to create depth...
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Canaccord Lifts Snap's Price Target
Wednesday, July 24, 2019 - 1:38pm | 347Read More...Snap Inc (NYSE: SNAP) reported "solid" second-quarter earnings but investors shouldn't be buyers of the stock, according to Canaccord. The Analyst Canaccord Genuity's Maria Ripps maintains a Hold rating on Snap with a price target lifted from $13 to $17. The Thesis Snap showed the...
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Snap's Big Q2 Not Strong Enough For Some Analysts To Turn Bullish
Wednesday, July 24, 2019 - 10:31am | 612Read More...Snap Inc (NYSE: SNAP) reported a better-than-expected second-quarter earnings print, which prompted several analysts to lift their price targets on the stock but shied away from turning bullish. The Analysts Nomura Instinet's Mark Kelley maintains a Neutral rating on Snap with a price target...
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Stifel Upgrades Snap Ahead Of Earnings
Tuesday, July 23, 2019 - 10:08am | 397Read More...The bullish case for Snap Inc (NYSE: SNAP) is based partly on a cautious second-quarter guidance and encouraging trends, according to Stifel. The Analyst Stifel's John Egbert upgraded Snap from Hold to Buy with a price target lifted from $13 to $17. The Thesis Snap's management guided its...
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4 Momentum Stocks To Watch
Wednesday, June 5, 2019 - 1:56pm | 407Read More...These four stocks in the high-momentum technology, biotech and mining areas are on the move: Advanced Micro Devices, Inc. (NASDAQ: AMD) leapt $1.99 to $29.57 on 107 million shares Tuesday. On Monday, the chipmaker announced a deal to license its custom graphics intellectual property (IP) to Samsung...
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Snap Shares Soaring After Q1 Earnings Beat, 190M Daily Active Users
Tuesday, April 23, 2019 - 4:19pm | 268Read More...Snap Inc (NYSE: SNAP) shares are soaring after a first-quarter earnings beat. Adjusted earnings came in at $(0.10), beating estimates by 2 cents. Sales came in at $320.426 million, beating estimates by $13.92 million. The company sees second-quarter sales of $335 million-$360 million, against a $...
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Despite Huge Run Already In 2019, RBC Sees Further Upside For Snapchat's Stock
Monday, April 8, 2019 - 9:25am | 347Read More...Shares of Snap Inc (NYSE: SNAP) are up more than 100 percent since the start of 2019 and multiple catalysts ahead could help the momentum continue, according to RBC Capital Markets. The Analyst RBC's Mark Mahaney upgraded Snap from Sector Perform to Outperform with a price target lifted from $...
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3 New Initiatives From Snapchat Create 'Opportunity' To Drive Usage
Friday, April 5, 2019 - 10:25am | 424Read More...Social media company Snap Inc (NYSE: SNAP) detailed three new initiatives at its inaugural Partner Summit for developers that present an "opportunity" for usage and engagement growth, according to Bank of America Merrill Lynch. The Analyst BofA's Justin Post maintains a...
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Analyst Optimism Pushes Snap Shares Higher
Thursday, March 14, 2019 - 9:07am | 453Read More...For the first time since initiating coverage of Snap Inc (NYSE: SNAP)'s stock in 2017, BTIG is comfortable with a bullish stance despite multiple missteps over the past few years. The Analysts BTIG's Richard Greenfield upgraded Snap from Neutral to Buy with a new $15 price target. Jefferies...
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Facebook Vs. Twitter Vs. Snapchat: How Do Key Statistics Compare?
Monday, February 18, 2019 - 10:12am | 621Read More...With the reporting season being over for social media companies, it may be time to take stock of how the major platforms performed through the lens of key metrics. After a wave of scandals in 2018, Facebook, Inc. (NASDAQ: FB) redeemed itself credibly by reporting forecast-beating fourth-...
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Guggenheim: What Snap Investors Need To Know About Instagram, Android And Advertising
Monday, February 11, 2019 - 11:59am | 525Read More...Snap Inc (NYSE: SNAP) reported fourth-quarter results Feb. 5 that generated "incremental enthusiasm," but three key questions remain regarding the sustainability of the social media platform's long-term growth, according to Guggenheim. The Analyst Guggenheim Partners...
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Is Snapchat's Stock A Buy After Stabilizing Its User Base? The Street Debates
Wednesday, February 6, 2019 - 10:08am | 625Read More...Snap Inc (NYSE: SNAP) reported fourth-quarter results that came in better than expected and daily active users of 186 million marks stabilization from the prior quarter. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's Brian...
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Snap's CFO Departure 'Raises Additional Concerns,' Analysts Say
Wednesday, January 16, 2019 - 1:52pm | 595Read More...Snap Inc (NYSE: SNAP) needs to find a new chief financial officer after Tim Stone resigned from his position after just eight months on the job. The company said Stone's resignation is "not related to any disagreement with us on any matter" although it is raising some red flags among...
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RBC Downgrades Snap Following Latest Exec Departure
Wednesday, January 16, 2019 - 11:11am | 422Read More...Snap Inc (NYSE: SNAP) suffered another executive setback as CFO Tim Stone is leaving the company after just eight months on the job. While the company made it clear his resignation is not due to any disagreement with the company's strategy or direction, it's a "material negative"...
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5 Reasons Citi Lifts 'Sell' Rating Off Snap's Stock
Monday, January 14, 2019 - 10:43am | 343Read More...Citi's bearish stance on social media company Snap Inc (NYSE: SNAP) has come to an end after nearly a year. The Analyst Citi's Mark May upgraded Snap from Sell to Neutral with a price target lifted from $6 to $7. The Thesis Citi's "Sell" rating dates back to Feb. 20, 2018...















