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Stock impact report

Why Snap Inc. Stock Could Crash 50% or More [The Motley Fool]

Snap Inc. Class A (SNAP) 
Last snap inc. class a earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.snap.com/company-profile
Company Research Source: The Motley Fool
A simple comparison shows that Snap is priced beyond perfection. Timothy Green ( TMFBargainBin ) Dec 7, 2017 at 7:40PM Struggling social media company Snap Inc. ( NYSE:SNAP ) received an analyst upgrade on Tuesday, the first after a string of downgrades. Barclays believes that Snap is reaching a turning point, and that the company may start hitting or exceeding consensus revenue estimates and accelerating growth in 2018. Barclays raised its price target on the stock to $18, a level not seen since July. An analyst from Evercore ISI also weighed in on Snap on Tuesday. The firm rated the stock underperform and slapped on a $7 price target, more than 50% lower than the current stock price. Shares of Snap are already down about 45% from their post-IPO peak, so this rock-bottom price target represents quite a bit of pessimism. If you've read anything I Show less Read more
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