Piper Sandler Reiterates Neutral on Snap, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion has reiterated a Neutral rating on Snap (NYSE:SNAP) and lowered the price target from $15 to $12.
August 02, 2024 | 1:48 pm
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Piper Sandler analyst Thomas Champion has reiterated a Neutral rating on Snap and lowered the price target from $15 to $12.
The lowered price target from $15 to $12 by Piper Sandler suggests a less optimistic outlook for Snap's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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