Analyst Ratings for Snap
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 8 Wall Street analysts have provided ratings for Snap Inc. (NYSE:SNAP), with 1 bullish, 4 indifferent, and 3 somewhat bearish. The average 12-month price target for SNAP is $9.94, with a high of $16.00 and a low of $7.00. This target has increased by 11.31% from the previous target of $8.93. Analysts use various methods, including company data and insider conversations, to predict stock performance.
November 30, 2023 | 7:00 pm
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NEUTRAL IMPACT
Snap Inc. has received mixed ratings from analysts, with an updated average price target of $9.94, reflecting an 11.31% increase from the previous target.
The mixed analyst ratings with a slight increase in the average price target suggest a neutral short-term impact on SNAP's stock price. The bullish and bearish ratings offset each other, and the increase in the target price may already be factored into the current stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100