25-02-2017 17:32 via feedproxy.google.com

Analysts slaps 'NEUTRAL' on Snap's stock ahead of its IPO

Snap Inc. took its initial-public-offering road show to London on Monday, looking to persuade potential UK investors to buy up the company's stock, but one London-based analyst remains "neutral" about the company's ability to drive upside beyond its initial price range of $14 to $16 a share.
Atlantic Equities research analyst James Cordwell did not attend the presentation on Monday but spoke with clients who did. (Atlantic Equities is also not one of the banks underwriting Snap's IPO.)
In a deta
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