Roth/MKM Reiterates Neutral Rating on Snap Inc (SNAP)
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Citi Reiterates Neutral Rating on Snap Inc (SNAP)
September 18, 2024 6:17 AM EDTCiti analyst Ronald Josey reiterated a Neutral rating and $11.00 price target on Snap Inc (NYSE: SNAP).
The analyst comments "Following Snaps 2024 Partner Summit yesterday, we believe its Simple Snapchat redesign (in beta) and 5th Gen Spectacles could be longer term drivers of... More
Deutsche Bank Reiterates Buy Rating on Snap Inc (SNAP)
September 18, 2024 5:44 AM EDTDeutsche Bank analyst Benjamin Black reiterated a Buy rating and $14.00 price target on Snap Inc (NYSE: SNAP)
The analyst comments "Yesterday, we attended Snap's Partner Summit in Los Angeles where the company unveiled multiple app feature updates including an App re-design meant to support user growth and engagement. Snap formally introduced "Simple Snapchat", a revamped consumer experience meant to consolidate engagement, simplify the interface, and ultimately foster more interaction with both friends and content. Importantly, it showcased that the platform has made material progress unifying its Stories' and Spotlight's recommendation models, which should... More
