Snap Analysts News Today

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... Dont Miss Any Updates! News Directly in Your Inbox Subscribe to:

Share: 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 ...

Among the trends investors are looking for in 2021 are reopening stocks and non-fungible tokens. One company stands out as a reopening play and could quickly become a NFT play. Reopening Play: Revenue for the main business lines of Live Nation Entertainment (NYSE: LYV) suffered as a result of the... Read More... Dont Miss Any Updates! News Directly in Your Inbox Subscribe to:

Ride-hailing platform Lyft Inc (NASDAQ: LYFT) is expected to deliver a demand bounceback in 2021 as the coronavirus vaccine rollout accelerates to the masses by this summer and more companies resume work from the office and traveling picks up significantly, according to Wedbush Securities. The Lyft... Read More... Dont Miss Any Updates! News Directly in Your Inbox Subscribe to:

Share: Snapchat owner Snap Inc (NYSE: SNAP) shares have risen over 350% in the last year. Analysts think there could be more opportunities for the company with its growth in social commerce and younger demographic. The Snap Analysts: Wedbush analyst Ygal Arounian upgraded shares of Snap Inc. from Neutral to Outperform and raised the price target from $52 to $75. Bank of America analyst Justin Post maintains a Neutral rating and price target of $67 for Snap. Advertising Strength: “We see Sna...