In March 2015, USDA announced the launch of 10 separate long-term SNAP E&T pilots, made possible by the 2014 Farm Bill, to test and study innovative strategies that will run concurrently and in addition to the SNAP to
A few days later, Citi analyst Mark May downgraded Snap to
Sell arguing that the flagship app redesign could produce positive long-term benefits, but the "significant jump" in negative app reviews since the redesign could result in a decline in users and user engagement, and could negatively impact financial results.
That was worrying for investors who have been pressuring Snap to
roll out a new Android app that will fix a host of problems from lag issues while scrolling, to random crashes, to poor picture and video quality.
BARCLAYS EARLY BUY CALL: In a research note to investors on December 5, Barclays' Sandler upgraded Snap to
Overweight from Equal Weight and raised his price target on the shares to $18 from $11.
Since the day Snap's now infamous redesign got its wide release, users have begged Snap to
REDESIGN: Along with its last earnings report on November 8, Snap CEO Evan Spiegel said in a letter to investors that the company is redesigning Snapchat to make it easier to use, pointing out that the effort to make the app easier to understand and use comes with "a strong likelihood" of being "disruptive to our business in the short term." Afterward, Morgan Stanley analyst Brian Nowak downgraded Snap to
Underweight from Equal Weight, noting that Instagram (FB) competition is only increasing while the company's pending app redesign creates further engagement and execution risks.
For those who forgot to tap on the icon before sending it, they can go My Story, tap on the menu icon on the right, choose the snap to
open it and then tap on the download icon in the bottom-right of the screen.
Once you add the Snap to
your story, you can still save it during the 24 hour period while it's posted.