Snap shares plunge 23% after earnings

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Go back to Snap shares plunge 23% after earnings

Snap Inc (SNAP) PT Lowered to $18 at BMO Capital

August 2, 2024 1:39 PM EDT

BMO Capital analyst Brian J. Pitz lowered the price target on Snap Inc (NYSE: SNAP) to $18.00 (from $20.00) while maintaining a Outperform rating.

The analyst comments "Reiterate Outperform on 1) improving user engagement trends with total time spent up 25% Y/Y, while MAU up 6% from... More

Snap Inc (SNAP) PT Lowered to $14 at Roth/MKM

August 2, 2024 6:58 AM EDT

Roth/MKM analyst Rohit Kulkarni lowered the price target on Snap Inc (NYSE: SNAP) to $14.00 (from $15.00) while maintaining a Neutral rating.

The analyst comments "Following a strong 1Q and positive channel checks, we were surprised when SNAP whiffed on 2Q expectations... More

Snap Inc (SNAP) PT Lowered to $11 at JPMorgan

August 2, 2024 5:19 AM EDT

JPMorgan analyst Doug Anmuth lowered the price target on Snap Inc (NYSE: SNAP) to $11.00 (from $13.00) while maintaining a Underweight rating.

The analyst comments "Snaps 2Q results fell short of expectations as certain consumer discretionary verticals pulled back brand spending, with trends... More