Snap Inc (SNAP) PT Lowered to $8 at Raymond James
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Price: $4.84 +1.89%
Rating Summary:
20 Buy, 40 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
Rating Summary:
20 Buy, 40 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
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Raymond James analyst Aaron Kessler lowered the price target on Snap Inc (NYSE: SNAP) to $8.00 (from $10.00) while maintaining a Outperform rating.
The analyst comments "The Call: A highly popular chat surface (RJ est. ~50% of time spent) with My AI (1P) and Perplexity (3P) experiences and developing augmented reality glasses strategy provides significant optionality around unlocking value in the AI Era though a lack of strategic clarity remains an overhang and prompts a lower price target."
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