Canaccord Genuity Maintains Hold on Snap, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Maria Ripps maintains a Hold rating on Snap (NYSE:SNAP) and raises the price target from $12 to $13.
October 30, 2024 | 5:30 pm
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POSITIVE IMPACT
Canaccord Genuity has maintained its Hold rating on Snap and increased the price target from $12 to $13, indicating a slightly more positive outlook.
The increase in price target from $12 to $13 suggests a slightly improved outlook for Snap, which could positively influence investor sentiment in the short term. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, which tempers the positive impact.
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