TD Cowen analyst John Blackledge raised the firm’s price target on Snap to $14 from $11 and keeps a Hold rating on the shares. The firm said Q1 results beat on robust DR growth and noted Q2 guidance was above the midpoint and above consensus.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNAP:
- SNAP Earnings: Shares Vault 27% Higher after Surprisingly Strong Quarter
- Options Volatility and Implied Earnings Moves Today, April 25, 2024
- Snap price target lowered to $14 from $16 at BofA
- Meta, Google to benefit from TikTok ban, Washington Post reports
- #SocialStocks: TikTok to challenge enactment of U.S. ban
