Barclays Maintains Overweight on Snap, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler has maintained an Overweight rating on Snap Inc. (SNAP) and increased the price target from $15 to $17.
April 26, 2024 | 2:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays has maintained an Overweight rating on Snap Inc. and raised the price target from $15 to $17.
The upgrade in the price target by a reputable analyst like Ross Sandler from Barclays indicates a strong confidence in Snap Inc.'s future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in SNAP's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100