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Morgan Stanley Reiterates Underweight on Snap (SNAP) Following 2Q
August 8, 2018 8:02 AM EDTMorgan Stanley reiterated an Underweight rating and $7.50 price target on Snap Inc (NYSE: SNAP) following the company's 2Q earnings report. 2Q revenue and EBITDA were better than feared, but 2Q user declines expected to continue in 3Q highlight still-existing platform... More
Nomura/Instinet Remains Sidelined on Snap (SNAP) Following 2Q
August 8, 2018 7:22 AM EDTNomura/Instinet reiterated a Neutral rating and $13.00 price target on Snap Inc (NYSE: SNAP) following the company's 2Q earnings report. Results were better despite declining DAUs, and analyst Mark Kelley thought the commentary around the Android rebuild indicated that there might... More
