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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:
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 the price target from $87 to $80. Needham analyst Laura Martin reiterates a Hold rating. Q1 Takeaway...
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... Don't 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... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to: