Roth MKM Maintains Neutral on Snap, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Rohit Kulkarni has maintained a Neutral rating on Snap Inc. (NYSE:SNAP) but increased the price target from $10 to $14.

January 26, 2024 | 3:17 pm
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Roth MKM analyst Rohit Kulkarni maintains a Neutral rating on Snap Inc. but raises the price target from $10 to $14, indicating a potential upside from the previous target.
The increase in price target from $10 to $14 by Roth MKM suggests a positive outlook on Snap Inc.'s future performance, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100