Downgrades Buy Neutral X

SNAP Snap

Guggenheim

Reiterated Overweight X

SNAP Snap

Barclays

Downgrades Overweight Eq Weight X

SNAP Snap

Wells Fargo

$15 $11

Upgrades Mkt Perform Mkt Outperform X

SNAP Snap

JMP Securities

$17

Initiated Neutral X

SNAP Snap

B. Riley Securities

$11

Initiated Neutral X

SNAP Snap

Cantor Fitzgerald

$8

Upgrades Underweight Eq-Weight X

SNAP Snap

Morgan Stanley

$12 $16

Initiated Peer Perform X

SNAP Snap

Wolfe Research

Upgrades Reduce Buy X

SNAP Snap

HSBC Securities

Reiterated Neutral X

SNAP Snap

Piper Sandler

$12 $17

Upgrades Neutral Buy X

SNAP Snap

Guggenheim

$23

Upgrades Eq Weight Overweight X

SNAP Snap

Wells Fargo

$8 $22

Upgrades Hold Buy X

SNAP Snap

Jefferies

$12 $16

Upgrades Sell Hold X

SNAP Snap

China Renaissance

$9

Initiated Reduce X

SNAP Snap

HSBC Securities

$7.50

Downgrades Hold Sell X

SNAP Snap

China Renaissance

$7

Reiterated Neutral X

SNAP Snap

UBS

$10 $14

Reiterated Outperform X

SNAP Snap

Credit Suisse

$11 $16

Reiterated Neutral X

SNAP Snap

Goldman

$7 $8

Reiterated Hold X

SNAP Snap

Jefferies

$9 $13

Initiated Equal Weight X

SNAP Snap

Wells Fargo

$10

Downgrades Buy Hold X

SNAP Snap

The Benchmark Company

Downgrades Buy Neutral X

SNAP Snap

UBS

$10

Downgrades Mkt Outperform Mkt Perform X

SNAP Snap

JMP Securities

Initiated Buy X

SNAP Snap

New Street

$12

Downgrades Buy Hold X

SNAP Snap

Jefferies

$12 $10

Reiterated Overweight X

SNAP Snap

Barclays

$21 $18

Downgrades Outperform Mkt Perform X

SNAP Snap

Bernstein

$15 $9

Downgrades Buy Neutral X

SNAP Snap

BofA Securities

$22 $11

Reiterated Hold X

SNAP Snap

Canaccord Genuity

$16 $12

Reiterated Outperform X

SNAP Snap

Credit Suisse

$22 $17

Reiterated Hold X

SNAP Snap

Deutsche Bank

$14 $9

Reiterated In-line X

SNAP Snap

Evercore ISI

$17 $14

Reiterated Neutral X

SNAP Snap

Goldman

$12 $10

Reiterated Mkt Outperform X

SNAP Snap

JMP Securities

$18 $10

Reiterated Underweight X

SNAP Snap

JP Morgan

$10 $8

Downgrades Buy Neutral X

SNAP Snap

MKM Partners

$15 $10

Reiterated Underweight X

SNAP Snap

Morgan Stanley

$10 $7

Reiterated Neutral X

SNAP Snap

Piper Sandler

$12 $9

Reiterated Sector Perform X

SNAP Snap

RBC Capital Mkts

$11 $8

Reiterated Neutral X

SNAP Snap

Rosenblatt

$13 $8

Reiterated Hold X

SNAP Snap

Stifel

$14 $9

Reiterated Neutral X

SNAP Snap

Susquehanna

$11 $8

Reiterated Hold X

SNAP Snap

Truist

$12 $10

Reiterated Outperform X

SNAP Snap

Credit Suisse

$29 $22

Reiterated Neutral X

SNAP Snap

Piper Sandler

$11 $12

Downgrades Buy Neutral X

SNAP Snap

Citigroup

$16 $10

Downgrades Buy Hold X

SNAP Snap

Argus

Downgrades Overweight Underweight X

SNAP Snap

Morgan Stanley

$17 $8

Downgrades Outperform Peer Perform X

SNAP Snap

Wolfe Research

Downgrades Overweight Neutral X

SNAP Snap

Piper Sandler

$30 $18

Upgrades Neutral Buy X

SNAP Snap

Citigroup

$41 $50

Initiated Buy X

SNAP Snap

Rosenblatt

$49

Initiated Buy X

SNAP Snap

Deutsche Bank

$45

Reiterated Overweight X

SNAP Snap

Atlantic Equities

$85 $70

Upgrades Neutral Buy X

SNAP Snap

BofA Securities

$55

Reiterated Hold X

SNAP Snap

Canaccord Genuity

$40 $46

Reiterated Outperform X

SNAP Snap

Credit Suisse

$81 $93

Reiterated Outperform X

SNAP Snap

Evercore ISI

$74 $58

Reiterated Buy X

SNAP Snap

Jefferies

$55 $60

Reiterated Mkt Outperform X

SNAP Snap

JMP Securities

$82 $65

Reiterated Buy X

SNAP Snap

MKM Partners

$42 $47

Downgrades Outperform Sec Perform X

SNAP Snap

RBC Capital Mkts

$54 $40

Reiterated Buy X

SNAP Snap

Rosenblatt

$85 $50

Reiterated Buy X

SNAP Snap

Stifel

$45 $50

Reiterated Neutral X

SNAP Snap

Susquehanna

$60 $42

Resumed Buy X

SNAP Snap

Stifel

$45

Downgrades Outperform Neutral X

SNAP Snap

Wedbush

$36

Reiterated Overweight X

SNAP Snap

JP Morgan

$73 $65

Resumed Buy X

SNAP Snap

UBS

$67

Upgrades Sell Neutral X

SNAP Snap

Citigroup

Initiated Outperform X

SNAP Snap

RBC Capital Mkts

$88

Reiterated Overweight X

SNAP Snap

Barclays

$75 $81

Reiterated Neutral X

SNAP Snap

BofA Securities

$70 $80

Reiterated Hold X

SNAP Snap

Canaccord Genuity

$76 $80

Reiterated Outperform X

SNAP Snap

Credit Suisse

$90 $110

Reiterated Buy X

SNAP Snap

Jefferies

$81 $90

Reiterated Mkt Outperform X

SNAP Snap

JMP Securities

$89 $94

Reiterated Overweight X

SNAP Snap

KeyBanc Capital Markets

$80 $88

Reiterated Overweight X

SNAP Snap

Morgan Stanley

$75 $85

Reiterated Overweight X

SNAP Snap

Piper Sandler

$83 $85

Reiterated Buy X

SNAP Snap

Stifel

$84 $95

Reiterated Neutral X

SNAP Snap

Susquehanna

$62 $76

Reiterated Buy X

SNAP Snap

Truist

$85 $100

Reiterated Buy X

SNAP Snap

UBS

$85 $92

Reiterated Outperform X

SNAP Snap

Wedbush

$75 $88

Upgrades Neutral Outperform X

SNAP Snap

Wedbush

$52 $75

Upgrades Neutral Overweight X

SNAP Snap

Atlantic Equities

$75

Resumed Outperform X

SNAP Snap

Evercore ISI

$68

Initiated Outperform X

SNAP Snap

Wolfe Research

$65

Downgrades Buy Neutral X

SNAP Snap

BofA Securities

$78 $67

Reiterated Buy X

SNAP Snap

Pivotal Research Group

$81.50 $95

Reiterated Buy X

SNAP Snap

Rosenblatt

$70 $100

Upgrades Eq-Weight Overweight X

SNAP Snap

Morgan Stanley

$80

Reiterated Buy X

SNAP Snap

Pivotal Research Group

$72.50 $81.50

Reiterated Outperform X

SNAP Snap

Evercore ISI

$42 $57

Initiated Overweight X

SNAP Snap

Piper Sandler

$66

Reiterated Overweight X

SNAP Snap

KeyBanc Capital Markets

$40 $60

Upgrades Neutral Buy X

SNAP Snap

MoffettNathanson

$39 $57

Reiterated Buy X

SNAP Snap

Goldman

$47 $70

Reiterated Buy X

SNAP Snap

Aegis Capital

$17 $19

Reiterated Hold X

SNAP Snap

Canaccord Genuity

$13 $17

Upgrades Sell Neutral X

SNAP Snap

UBS

$8 $16

Initiated Buy X

SNAP Snap

Rosenblatt

Upgrades Hold Buy X

SNAP Snap

Stifel

$13 $17

Upgrades Neutral Buy X

SNAP Snap

Goldman

$13 $18

Reiterated Neutral X

SNAP Snap

BofA/Merrill

$12 $17

Reiterated Outperform X

SNAP Snap

Credit Suisse

$15 $18

Reiterated Neutral X

SNAP Snap

MoffettNathanson

$8 $10

Reiterated Buy X

SNAP Snap

BTIG Research

$15 $20

Upgrades Hold Buy X

SNAP Snap

Aegis Capital

$17

Upgrades Hold Buy X

SNAP Snap

Pivotal Research Group

$13.25 $17.25

Initiated Hold X

SNAP Snap

Pivotal Research Group

Upgrades Underperform In-line X

SNAP Snap

Evercore ISI

Upgrades Underweight Neutral X

SNAP Snap

JP Morgan

$7 $11

Downgrades Outperform Neutral X

SNAP Snap

Wedbush

$12.25

Upgrades Sec Perform Outperform X

SNAP Snap

RBC Capital Mkts

$10 $17

Reiterated Neutral X

SNAP Snap

BofA/Merrill

$10 $12

Reiterated Hold X

SNAP Snap

Deutsche Bank

$10 $13

Initiated Outperform X

SNAP Snap

Consumer Edge Research

$40

Upgrades Underperform Mkt Perform X

SNAP Snap

Raymond James

Upgrades Sell Hold X

SNAP Snap

Cascend Securities

Reiterated Hold X

SNAP Snap

Aegis Capital

$10 $7

Downgrades Outperform Sec Perform X

SNAP Snap

RBC Capital Mkts

Upgrades Sell Neutral X

SNAP Snap

Citigroup

Downgrades Buy Hold X

SNAP Snap

Pivotal Research Group

$6

Downgrades Buy Neutral X

SNAP Snap

Goldman

Upgrades Sell Neutral X

SNAP Snap

BTIG Research

Initiated Neutral X

SNAP Snap

Guggenheim

$6

Reiterated Hold X

SNAP Snap

Canaccord Genuity

$12 $8

Downgrades Neutral Underweight X

SNAP Snap

JP Morgan

Reiterated Hold X

SNAP Snap

Stifel

$15 $9

Reiterated Outperform X

SNAP Snap

Credit Suisse

$15 $12

Initiated Hold X

SNAP Snap

Loop Capital

Upgrades Hold Buy X

SNAP Snap

Pivotal Research Group

$9 $8

Reiterated Neutral X

SNAP Snap

MoffettNathanson

$8 $6.50

Reiterated Hold X

SNAP Snap

Aegis Capital

$12 $10

Upgrades Sell Hold X

SNAP Snap

Pivotal Research Group

$9

Downgrades Neutral Sell X

SNAP Snap

BTIG Research

Upgrades Neutral Outperform X

SNAP Snap

Wedbush

$11.50 $12.25

Reiterated Hold X

SNAP Snap

Stifel

$17 $15

Initiated Neutral X

SNAP Snap

Nomura

Upgrades Sell Neutral X

SNAP Snap

MoffettNathanson

Reiterated Buy X

SNAP Snap

Aegis Capital

$18 $12

Downgrades In-line Underperform X

SNAP Snap

Evercore ISI

Downgrades Outperform Perform X

SNAP Snap

Oppenheimer

Resumed Neutral X

SNAP Snap

Monness Crespi & Hardt

Downgrades Neutral Sell X

SNAP Snap

Citigroup

Reiterated Buy X

SNAP Snap

Goldman

$18 $23

Upgrades Neutral Buy X

SNAP Snap

BofA/Merrill

Upgrades Underperform In-line X

SNAP Snap

Evercore ISI

Upgrades Underweight Neutral X

SNAP Snap

JP Morgan

Upgrades Sec Perform Outperform X

SNAP Snap

RBC Capital Mkts

Reiterated Buy X

SNAP Snap

Stifel

$13 $17

Upgrades Sell Hold X

SNAP Snap

SunTrust

Downgrades Neutral Negative X

SNAP Snap

Susquehanna

Resumed Hold X

SNAP Snap

Stifel

$13

SNAP  Snap Inc. Class A

Snap Inc., formerly Snapchat, Inc., is a camera company. The Company’s flagship product, Snapchat, is a camera application that helps people to communicate through short videos and images known as a Snap. The Company offers three ways for people to make Snaps: the Snapchat application, Publishers Tools that help its partners to create Publisher Stories, and Spectacles, its sunglasses that make Snaps. Snaps are viewed primarily through the Snapchat application, but can also be embedded on the Web or on television in certain circumstances. Snapchat opens directly into the Camera, helping in creating a Snap and sending it to friends. The Company’s advertising products include Snap Ads and Sponsored Creative Tools, such as Sponsored Lenses and Sponsored Geofilters. As of December 31, 2016, on an average, 158 million people used Snapchat every day to Snap with family, watch Stories from friends, see events from around the world, and explore curated content from publishers.