Snap disappoints with fourth-quarter revenue guidance, sending shares down

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Go back to Snap disappoints with fourth-quarter revenue guidance, sending shares down

Mizuho Securities Reiterates Buy Rating on Facebook (FB) Following Investor Call

October 23, 2019 7:24 AM EDT

Mizuho Securities analyst James Lee reiterated a Buy rating and $247.00 price target on Facebook (NASDAQ: FB) following an investor call with a leading ad agency on FBs 3Q19 spending trends. The agencys SSS shows FB spending increased 32% YoY vs 37% 2Q19 due to agency-specific... More

Snap Inc (SNAP) PT Raised to $21 at RBC Capital; Q3 Results 'Strong'

October 23, 2019 6:19 AM EDT

RBC Capital analyst Mark Mahaney raised the price target on Snap Inc (NYSE: SNAP) to $21.00 (from $20.00) while maintaining an Outperform rating following "strong" Q3 results. The analyst said the stock is becoming "more investible."

The analyst commented, "SNAP posted Beat & Bracket Q3... More

JPMorgan Upgrades Snap Inc (SNAP) to Overweight, Sees Potential to Capture Greater Ad Spend & Shift into Profitability

October 23, 2019 5:26 AM EDT

JPMorgan analyst Doug Anmuth upgraded Snap Inc (NYSE: SNAP) from Neutral to Overweight with a price target of $20.00 (from $17.00).

The analyst comments "We believe Snap shares are increasingly compelling following a 20%+ pullback from recent highs and after delivering 3Q results that we believe showed... More