UBS Maintains Neutral Rating for Snap: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
UBS has maintained its Neutral rating for Snap (NYSE:SNAP) and raised its price target from $10.00 to $14.00. Snap's shares are currently trading at $13.35, down 0.19% over the last 24 hours. A move to $14.00 would represent a 4.91% increase from the current share price.
July 19, 2023 | 5:00 pm
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UBS has maintained its Neutral rating for Snap and raised its price target. This could potentially lead to a short-term increase in Snap's stock price.
UBS's decision to maintain its Neutral rating for Snap and raise its price target could potentially lead to a short-term increase in Snap's stock price. Investors may interpret this as a positive signal, leading to increased demand for the stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100