Goldman Sachs Maintains Neutral on Snap, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Snap (NYSE:SNAP) and lowered the price target from $8 to $7.
July 27, 2023 | 1:15 pm
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NEGATIVE IMPACT
Goldman Sachs has maintained a Neutral rating on Snap and lowered the price target from $8 to $7.
The lowering of the price target by Goldman Sachs from $8 to $7 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Snap's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100