New York (www.aktiencheck.de) – Snap stock analysis by Cantor Fitzgerald:
Deepak Mathivanan, analyst at Cantor Fitzgerald, initiates coverage of Snap Inc. (ISIN: US83304A1060, WKN: A2DLMS, Ticker Symbol: 1SI, NYSE Symbol: SNAP) shares with a “neutral” rating and a price target of USD 8.00.
Mathivanan said investing in Snap requires “reasonable confidence” in the company, which is steadily improving its advertising business while navigating the near-term market headwinds well and delivering margin expansion over the next 12-18 months. This is a tall order for a minor player in the digital media space that is overshadowed by the two major companies,
Deepak Mathivanan, analyst at Cantor Fitzgerald, rates Snap stock as “neutral”. (Analysis from September 4, 2024)
Please also note information on the disclosure obligation in the event of conflicts of interest within the meaning of Directive 2014/57/EU and corresponding EU regulations for the analyst house mentioned under the following link.
Stock exchanges Snap shares:
Tradegate share price Snap share:
7,977 EUR +0,59% (05.09.2024, 16:32)
NYSE share price Snap stock:
8,865 USD +0,85% (05.09.2024, 16:43)
ISIN Snap-Aktie:
US83304A1060
WKN Snap Action:
A2DLMS
Snap stock ticker symbol:
1YES
NYSE Symbol Snap Stock:
SNAP
Course Profile Snap Inc.:
Snap Inc. (ISIN: US83304A1060, WKN: A2DLMS, Ticker Symbol: 1SI, NYSE Symbol: SNAP) is a US technology and social media company. Its products include the instant messaging service SnapChat. The app can be used to send photos that are deleted automatically after a short time. In addition to the app, Snap also produces a wearable camera, so-called Spectacles, in the shape of sunglasses. Snap describes itself as a camera company. (05.09.2024/ac/a/n)
Disclosure of possible conflicts of interest:
Possible conflicts of interest can be viewed on the site of the creator/source of the analysis.
