Barclays Maintains Overweight on Snap, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler maintains an Overweight rating on Snap (NYSE:SNAP) but lowers the price target from $17 to $16.
August 02, 2024 | 3:44 pm
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Barclays analyst Ross Sandler maintains an Overweight rating on Snap but lowers the price target from $17 to $16.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on SNAP's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100