The Latest Breaking News from Brian Nowak

Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter.

Food delivery company DoorDash Inc (NYSE: DASH) reported quarterly earnings Thursday after the market close. Here’s what analysts had to say about the company’s latest earnings report.

Morgan Stanley analyst Brian Nowak downgraded Pinterest Inc (NYSE:PINS) to Equal Weight from Overweight with a price target of $30, down from $53. The price target implies an upside of 13.4%. Pinterest's user and time spent trends were challenging while it shifted existing time spent toward lower-monetizing creator videos.  Nowak acknowledged the edge in larger…

Alphabet, Inc.

Morgan Stanley analyst Brian Nowak lowered the price target on Facebook parent Meta Platforms Inc (NASDAQ:FB) to $325 from $360 and reiterated Overweight. The price target implies an upside of 59.7%. Nowak noted lower near-term monetization of Reels. Benchmark analyst Mark Zgutowicz harbored similar feelings and therefore initiated coverage on the stock with a Hold and without any…

Social media platform Twitter Inc (NYSE: TWTR) reported fourth-quarter financial results Thursday. Analysts reacted with their takes on what the company's advertising and user numbers could mean for the future. 

Morgan Stanley analyst Brian Nowak raised the price target on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares to $3,430 from $3,200 and reiterated an Overweight rating on the shares. The price target implies an upside of 25.8%. Nowak updated his models and rolled forward valuations among his Internet sector coverage.  Heading into 2022, Nowak said he remains…