Snap shares up ahead of results; options traders eye steep stock swing
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Snap Inc (SNAP) PT Lowered to $12 at UBS Following 2Q Miss
August 11, 2017 8:53 AM EDTUBS lowered its price target on Snap Inc (NYSE: SNAP) to $12.00 (from $19.00) while maintaining a Neutral rating following the company's 2Q. SNAP reported revenue and adjusted EBITDA missing consensus by $5m and $10m respectively.
UBS cut 3Q revenue estimates to $257m from... More
