Cantor Fitzgerald Initiates Coverage On Snap with Neutral Rating, Announces Price Target of $8
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has initiated coverage on Snap with a Neutral rating and set a price target of $8.
September 05, 2024 | 2:10 pm
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NEUTRAL IMPACT
Cantor Fitzgerald has initiated coverage on Snap with a Neutral rating and a price target of $8, indicating a cautious outlook.
The Neutral rating suggests that Cantor Fitzgerald does not expect significant upside or downside in Snap's stock price in the near term. The price target of $8 provides a specific valuation expectation, which is crucial for investors. This news is highly relevant to Snap as it directly affects investor sentiment and potential stock movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100