Morgan Stanley Upgrades Snap to Equal-Weight, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has upgraded Snap (NYSE:SNAP) from Underweight to Equal-Weight and raised the price target from $12 to $16.
July 23, 2024 | 10:30 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has upgraded Snap from Underweight to Equal-Weight and increased the price target from $12 to $16.
The upgrade from Underweight to Equal-Weight and the increased price target from $12 to $16 by a major financial institution like Morgan Stanley is likely to positively impact Snap's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100