The increase in price target by Evercore ISI Group suggests a positive outlook on Snap's stock, potentially leading to a positive short-term impact on its stock price. The maintenance of an In-Line rating indicates that the analyst views the stock as adequately valued at its current price, but the increase in the price target could signal expected performance improvements or market conditions that could favor Snap. This analysis is based on the analyst's expertise and the specific figures provided in the news.