Goldman Sachs Maintains Neutral on Snap, Raises Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Neutral rating on Snap (NYSE:SNAP) but raises the price target from $12 to $13.5.
October 30, 2024 | 5:07 pm
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Goldman Sachs has maintained a Neutral rating on Snap but increased the price target from $12 to $13.5, indicating a slightly more positive outlook.
The increase in price target from $12 to $13.5 suggests a more optimistic view on Snap's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100