Snap (SNAP) Surges 17% After Smashing Q2 Views Across the Board to Yield a Dozen Price Target Hikes

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Go back to Snap (SNAP) Surges 17% After Smashing Q2 Views Across the Board to Yield a Dozen Price Target Hikes

Snap Inc (SNAP) PT Raised to $88 at Oppenheimer

July 23, 2021 9:43 AM EDT

Oppenheimer analyst Jason Helfstein raised the price target on Snap Inc (NYSE: SNAP) to $88.00 (from $82.00) while maintaining an Outperform rating.

The analyst commented, "Increasing target to $88 (was $82) as 2Q21 results reflected continued improvements in platform monetization, with average eCPMs +122% y/y, driving... More