Truist Securities Maintains Buy Rating for Snap One Holdings: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Truist Securities has reaffirmed its Buy rating on Snap One Holdings (NASDAQ:SNPO) and increased its price target from $11.00 to $12.00. Currently, SNPO shares are trading at $8.19, indicating a potential upside of 46.52% if the target price is reached. Snap One Holdings offers products, services, and software for smart living experiences through professional integrators.
March 11, 2024 | 5:00 pm
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Truist Securities maintains a Buy rating on Snap One Holdings and raises its price target to $12, indicating a significant potential upside from the current price.
The reaffirmation of a Buy rating and an increase in the price target by Truist Securities are strong positive signals for Snap One Holdings. Given the analyst's positive outlook and the substantial potential upside to the new target price, this could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100