Goldman Sachs Maintains Neutral on Snap, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Neutral rating on Snap Inc. (SNAP) and raises the price target from $13.5 to $16.
April 26, 2024 | 4:08 pm
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Goldman Sachs maintains a Neutral stance on Snap Inc. but increases the price target from $13.5 to $16.
The increase in price target by Goldman Sachs suggests a positive outlook on Snap's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100