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Credit Suisse Ahead Of Snap's Q2 Earnings Report: Outperform Rating Maintained
Tuesday, July 11, 2017 - 8:17am | 361Read More...Shares 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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Benzinga's Bulls And Bears For The Past Week: Apple, Best Buy, Tesla And More
Monday, June 12, 2017 - 8:48am | 707Read More...Benzinga has featured a look at many investor favorite stocks over the past week. Summer is here but the markets are still trading at all-time highs. Here is a glance some of the past week's bullish and bearish picks. Have the summer doldrums set in yet? Last week was a busy one, from the...
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Carson Block Is Increasingly Concerned With A Whistleblower Case Snap Faces
Tuesday, June 6, 2017 - 2:50pm | 359Read More...Muddy Waters' Carson Block is one of the most notable short-seller investors and appears to be building a case against Snap Inc (NYSE: SNAP). By his own admission in late May, he isn't short Snap's stock "but might be" in the future if the company doesn't address his...
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Amazon To Offer Discounted Prime Benefits To Those Receiving Government Assistance
Tuesday, June 6, 2017 - 9:20am | 274Read More...Amazon.com, Inc. (NASDAQ: AMZN) took steps Tuesday to expand membership opportunities to lower-income communities. Now, customers with verified Electronic Benefits Transfer cards qualify to receive Prime benefits for $5.99 per month, which will improve access to Amazon’s online marketplace...
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Muddy Waters' Carson Block Isn't Short On Snap, 'But Might Be' In The Future
Thursday, May 25, 2017 - 11:31am | 413Read More...Muddy Waters' Carson Block is one of the most notable short-seller investors and one of the stocks on his watchlist as a potential target is Snap Inc (NYSE: SNAP). Speaking as a guest on Wednesday's "Bloomberg Markets" segment, Block acknowledged he isn't currently short Snap "but might be" in the...
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Revealed: Snap's Biggest Investors At The End Of Q1
Monday, May 15, 2017 - 8:57am | 342Read More...Snap Inc (NYSE: SNAP)'s biggest and most notable shareholders were kept a secret, but recent regulatory filings now shed light on which money manager(s) and hedge funds own a piece of the social media company. According to a Reuters report, Snap's 13F filings with the U.S. Securities and Exchange...
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Bloomberg's Johnson: Snap Is Priced To 'Grow, And Grow, And Grow Fast'
Friday, May 12, 2017 - 10:05am | 398Read More...Snap Inc (NYSE: SNAP)'s earnings report made it clear user growth is slowing down. Wall Street analysts took note of this metric and updated their valuation models accordingly, but few took a look at why this trend is happening and if it can be fixed. According to Bloomberg's Cory Johnson, Snap did...
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Snap Goes Splat: Sell-Side Reacts To Company's First Earnings Report
Thursday, May 11, 2017 - 4:32pm | 734Read More...Despite 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 | 397Read More...Barclays' 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 | 443Read More...UBS'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 | 473Read More...JPMorgan'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 | 526Read More...Evan 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 | 372Read More...Oppenheimer'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 | 367Read More...Nomura'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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Snap Inc Craters 20% After Its First Earnings Report
Wednesday, May 10, 2017 - 4:26pm | 208Read More...Snap Inc (NYSE: SNAP) reported its highly-anticipated first-quarter earnings release after Wednesday's close, its first as a public company. Snap reports Q1 EPS $(2.31) versus $(0.14) in the prior year period Sales came in at $149.64 million versus $38.79 million in the prior year period...















