JMP Securities Maintains Market Outperform on Snap, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on Snap Inc. but has lowered its price target from $17 to $16.
October 30, 2024 | 6:23 pm
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NEUTRAL IMPACT
JMP Securities has maintained a Market Outperform rating on Snap Inc. but has lowered its price target from $17 to $16.
The maintenance of a Market Outperform rating suggests continued confidence in Snap's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100