-
Cramer Doesn't Like Snap — Even At $6
Monday, December 3, 2018 - 11:32am | 427Read More...Investors looking to buy shares of social media company Snap Inc (NYSE: SNAP) — which are near their all time-lows in the $6.50 range — should avoid the temptation, according to CNBC's Jim Cramer. What Happened Snap stock is down around 70 percent since the company...
-
DAU Drop Off, Lack Of Originality: Analysts Aren't Impressed With Snap
Friday, October 26, 2018 - 11:03am | 626Read More...Snap Inc (NYSE: SNAP) fell nearly 20 percent Friday as the Street weighed marginal top- and bottom-line beats. By and large, experts were unimpressed. Surface Improvements Snap surpassed top-line estimates with strong average revenue per user (ARPU) — a metric driven by growth in global...
-
JPMorgan Downgrades Snap Amid Continued User Decline
Friday, October 26, 2018 - 9:06am | 368Read More...Snap Inc (NYSE: SNAP) reported Thursday its third-quarter results, which came in better than expected but multiple concerns beyond the headline numbers prompted JPMorgan to turn bearish. The Analyst JPMorgan's Doug Anmuth downgraded Snap from Neutral to Underweight with a price target lowered...
-
Amazon, Netflix, Apple Dominate Among Teens
Friday, October 26, 2018 - 7:44am | 466Read More...It's no surprise: Amazon.com, Inc. (NASDAQ: AMZN) is king among teen shoppers. Buying In Piper Jaffray’s semi-annual "Taking Stock With Teens" survey, the e-commerce giant's mindshare as the preferred shopping site increased 3 points from the previous survey's 47 percent...
-
Analysts Turn Bearish On Snapchat, Lower Price Targets On The Stock
Thursday, October 4, 2018 - 12:43pm | 363Read More...Snap Inc (NYSE: SNAP) faces minimal encouraging catalysts in the near-term while user migration towards rival platforms will continue, Evercore ISI said in one of two new bearish reports. The Analysts Evercore ISI's Anthony DiClemente maintains an Underperform rating on Snap's stock with a...
-
Shop On Sight: Snap Confirms Visual Product Search Collaboration With Amazon
Monday, September 24, 2018 - 3:28pm | 413Read More...The rumors are confirmed: social media platform Snap, Inc. (NYSE: SNAP) is teaming up with Amazon.com, Inc. (NASDAQ: AMZN) to create a new way to shop. What Happened The app will be testing “a new way to search for products on Amazon right from the Snapchat camera,"...
-
Pivotal: Snap No Longer A Sell, But Stock Could Still Fall
Thursday, September 13, 2018 - 9:03am | 417Read More...Shares of social media company Snap Inc (NYSE: SNAP) briefly fell below $9 per share Wednesday and are now trading at a more balanced risk-reward profile for the longer-term, according to Pivotal Research Group. The Analyst Pivotal's Brian Wieser upgraded Snap from Sell to Hold...
-
Jefferies Cautious On Snap, Says Trends Are 'Not Encouraging'
Wednesday, September 12, 2018 - 10:13am | 456Read More...It's too early for a bearish stance on Snap Inc (NYSE: SNAP), but the social media platform's recent engagement and user trends are "not encouraging," according to Jefferies. The Analyst Jefferies' Brent Thill maintains a Hold rating on Snap with a price target...
-
Snapchat To Kick Off Another Partnership With 'Premier League: Extra Time'
Monday, July 30, 2018 - 2:01pm | 415Read More...In 2015, Snap, Inc. (NYSE: SNAP) partnered with the National Football League. This deal facilitated the distribution of videos and photos taken at NFL games to 70 million people around the world, via Snapchat’s Live Stories. Since then, Snap has further diversified its platform. What Happened...
-
Cowen Previews Snap's Q2 Earnings, Trims Price Target
Friday, July 13, 2018 - 2:18pm | 349Read More...Analysts from Cowen previewed Snap Inc (NYSE: SNAP)'s Aug. 7 second-quarter report. Here's what you need to know. The Analyst Analyst John Blackledge maintained an Underperform rating on Snap with a price target lowered from $9 to $8. The Thesis A Cowen ad buyer...
-
Snapchat Is Trying To Connect Users To Amazon
Monday, July 9, 2018 - 2:28pm | 305Read More...Like just about every other company, Snap Inc (NYSE: SNAP) is being drawn into the Amazon.com, Inc. (NASDAQ: AMZN) force field. Developers for the social platform are working on a product scan, search and identification feature that would direct Snapchat users to Amazon’s bank. TechCrunch...
-
BTIG Raises Facebook Price Target By More Than 50%, Says Instagram Becoming 'Most Powerful, Valuable Mall In The World'
Thursday, July 5, 2018 - 9:20am | 403Read More...The case for upside in Facebook, Inc. (NASDAQ: FB)'s stock lies partially with consumers not caring about the platform's privacy scandal — and Instagram, which has performed like an "absolute monster," according to BTIG. The Analyst Analyst Richard Greenfield maintained...
-
Instagram Announces IGTV For Its 1 Billion Monthly Active Users
Wednesday, June 20, 2018 - 3:56pm | 340Read More...Instagram struck 1 billion monthly active users not a decade into its life, but Facebook, Inc. (NASDAQ: FB)’s not content to rest on its laurels. WHat Happened The firm announced Wednesday that it would roll out IGTV for video viewing within the next day. As both a standalone app and tab in...
-
This Analyst's Survey Data Doesn't Bode Well For Snapchat
Tuesday, June 19, 2018 - 1:14pm | 342Read More...Cowen's monthly recurring survey of 2,500 U.S. consumers aged 18 and up reveals some negative trends that could negatively impact Snap Inc (NYSE: SNAP). The Analyst Cowen's John Blackledge maintains an Underperform rating on Snap with a price target lowered from $10 to $9. The Thesis...
-
Deutsche Bank Analyst Sees Improvement At Snapchat
Wednesday, June 6, 2018 - 12:53pm | 346Read More...Investors continue to pay close attention to user metric trends at Snap Inc (NYSE: SNAP) in light of Europe's General Data Protection Regulation (GDPR) taking effect and a loss of users as of the first quarter. The Analyst Deutsche Bank's Lloyd Walmsley maintains a Hold rating on Snap...
















