Can Cost Cuts Save Snap? Analysts Skeptical As North American Users Decline

Snap Inc (SNAP) is cutting 16% of its workforce to save $500 million. While earnings estimates are rising, analysts warn that declining user numbers remain a major red flag.

Latest Ratings for SNAP

DateFirmActionFromTo Mar 2022Deutsche BankInitiates Coverage OnBuy Mar 2022BenchmarkInitiates Coverage OnBuy Feb 2022Credit SuisseMaintainsOutperform

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