Analysts are sizing up the long-term opportunity for Snap Inc (NYSE: SNAP) and whether the company can compete with other social media platforms after the company reported
Snapchat parent company Snap Inc (NYSE: SNAP) showed strength in its advertising revenue in the first quarter. Analysts saw many positives from the quarterly earnings report and also have some questions ahead.
The Snap Analysts: Morgan Stanley analyst Brian Nowak reiterates an Overweight rating and. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
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Snapchat parent company
Snap Inc (NYSE: SNAP) showed strength in its advertising revenue in the first quarter. Analysts saw many positives from the quarterly earnings report and also have some questions ahead.
The Snap Analysts: Morgan Stanley analyst Brian Nowak reiterates an Overweight rating and price target of $75 on Snap.
Raymond James analyst Aaron Kessler has a Market Perform rating and no price target.
KeyBanc analyst Justin Patterson reiterates an Overweight rating and lowers the price target from $87 to $80.
Needham analyst Laura Martin reiterates a Hold rating.
Q1 Takeaways: Snap s first quarter checked all three boxes of revenue, users and EBITDA that Nowak was watching.
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