Goldman Sachs Maintains Neutral on Snap, Lowers Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Snap Inc. (SNAP) and reduced the price target from $15 to $13.5.
February 08, 2024 | 3:51 pm
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Goldman Sachs has maintained a Neutral rating on Snap Inc. but lowered the price target from $15 to $13.5.
The reduction in the price target by a significant market influencer like Goldman Sachs could lead to a negative short-term sentiment among investors, potentially causing a decrease in SNAP's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100