Susquehanna Maintains Neutral on Snap, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil maintains a Neutral rating on Snap Inc. (SNAP) and raises the price target from $12 to $15.

April 29, 2024 | 12:51 pm
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Susquehanna analyst Shyam Patil maintains a Neutral rating on Snap Inc. but raises the price target from $12 to $15.
The increase in the price target by Susquehanna reflects a positive outlook on Snap Inc.'s future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the maintenance of a Neutral rating suggests that there are still some reservations about the company's long-term prospects.
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IMPORTANCE 75
RELEVANCE 100