Truist Securities Maintains Hold on Snap, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali maintains a Hold rating on Snap (NYSE:SNAP) but lowers the price target from $16 to $13.
August 02, 2024 | 1:25 pm
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Truist Securities analyst Youssef Squali maintains a Hold rating on Snap but lowers the price target from $16 to $13, indicating a cautious outlook.
The lowered price target from $16 to $13 by Truist Securities suggests a less optimistic view on Snap's future performance, which could negatively impact investor sentiment and the stock price in the short term.
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