Snap-On (SNA) Tops Q2 EPS by 8c

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Snap-On (SNA) PT Raised to $150 at Oppenheimer

August 3, 2020 8:07 AM EDT

Oppenheimer analyst Christopher Glynn raised the price target on Snap-On (NYSE: SNA) to $150.00 (from $140.00) while maintaining an Outperform rating.

The analyst commented, "SOT posted (20)% top-line (US franchisees down mid-teens, international off nearly 40%), but June was down just 3%, indicating recession resistance out of... More