Stifel Maintains Hold on Snap, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Kelley has maintained a Hold rating on Snap Inc. (NYSE:SNAP) and increased the price target from $10 to $14, indicating a potential upside from the previous target.
January 09, 2024 | 2:04 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Stifel analyst Mark Kelley reaffirmed a Hold rating on Snap Inc. but raised the price target to $14, signaling a positive outlook on the stock's value.
The increase in price target by Stifel reflects an improved outlook on Snap Inc.'s future performance, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100