Snap snaps back after analyst assigns first 'buy' rating
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Drexel Hamilton Starts Snap Inc (SNAP) at Buy, $30 PT
March 21, 2017 4:16 PM EDTDrexel Hamilton initiates coverage on Snap Inc (NYSE: SNAP) with a Buy rating and a price target of $30.00.
Analyst Brian J. White commented:
We are initiating coverage of Snap with a BUY rating and a $30 12-month price target.Snap is a very unique tech company that should not be pigeonholed in a particular industry, or investors risk missing the forest for the trees. Snap views itself as a camera company and we believe this fosters a mindset for innovation to transcend the boundaries of its competitors. We view Snap... More