UPDATE: Cantor Fitzgerald Upgrades Snap Inc (SNAP) to Overweight

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August 15, 2017 6:31 AM EDT
Get Alerts SNAP Hot Sheet
Price: $5.24 +0.58%

Rating Summary:
    21 Buy, 40 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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(Updated - August 15, 2017 6:38 AM EDT)

(updated to add analyst comment)

Cantor Fitzgerald upgraded Snap Inc (NYSE: SNAP) from Neutral to Overweight with a price target of $15.00.

Analyst Kip Paulson says the risk/reward has improved since the lock-up period. The analyst notes that engagement is growing and expects there could be "significant" upside to APRU in 2018 and beyond.

For an analyst ratings summary and ratings history on Snap Inc click here. For more ratings news on Snap Inc click here.

Shares of Snap Inc closed at $12.60 yesterday.


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