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We could see META (+20-30%), GOOGL (+10-20%), and SNAP (+40-50%) stocks jump on a confirmed TikTok US ban - Bernstein

March 23, 2023 5:44 AM EDT
Get Alerts SNAP Hot Sheet
Price: $11.39 +2.24%

Rating Summary:
    24 Buy, 31 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 11 | New: 13
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Bernstein analyst Mark Shmulik on the stock reaction if TikTok gets a definite ban in the U.S.

"Through a combination of upward estimate revisions and re-entrenching the moat around the incumbents, it's possible we could see META (+20-30%), GOOGL (+10-20%), and SNAP (+40-50%) stocks jump on a confirmed ban."

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 $11.05 yesterday.



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