Snap Inc. (SNAP) Rises 7% After Analyst Raises Price Target and Turns Bullish
Snap Inc. (SNAP) rose 7.26% following an upgrade from Rothschild, which doubled its price target to $10 and turned bullish on the stock. The analyst expects Snap to reach breakeven in 2025 and achieve profitability by 2026, with projected revenue growth and improved margins. The company is set to report first-quarter earnings on May 6.
Tickers: $SNAP
Topics: Analyst Upgrade Earnings Outlook Investment Outlook Price Target Snap Inc.