Snap Inc. (NYSE:SNAP) - Why Snapchat Could Have A Big Quarter
Share: Snapchat owner Snap Inc (NYSE: SNAP) shares have risen over 350% in the last year. Analysts think there could be more opportunities for the company with its growth in social commerce and younger demographic. The Snap Analysts: Wedbush analyst Ygal Arounian upgraded shares of Snap Inc. from Neutral to Outperform and raised the price target from $52 to $75. Bank of America analyst Justin Post maintains a Neutral rating and price target of $67 for Snap. Advertising Strength: “We see Snap uniquely positioned as a video-centric platform, with an augmented reality and social commerce opp...
Source: benzinga.com