Form 4 Snap Inc For: Jan 22 Filed by: Morrow Rebecca

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Go back to Form 4 Snap Inc For: Jan 22 Filed by: Morrow Rebecca

Deutsche Bank Upgrades Snap Inc (SNAP) to Buy, 'We see a clear, strong catalyst path'

January 26, 2024 5:13 AM EST

Deutsche Bank analyst Benjamin Black upgraded Snap Inc (NYSE: SNAP) from Hold to Buy with a price target of $19.00 (from $10.00).

The analyst comments "We are upgrading SNAP to Buy from Hold. We see a clear, strong catalyst path towards upwards revenue and EBITDA revisions supported by: a) Snapchat+ creating incremental revenue, b) the ad platform rebuild yielding strong performance... More