S&P Upgrades Snap Inc.'s Credit Rating
On May 27, S&P Global Ratings upgraded Snap Inc. (SNAP) credit rating to BB- from B+, citing improved financial performance and reduced leverage. The upgrade is seen as a positive development for the stock, with analysts noting over 30% upside potential.
Tickers: $SNAP
Topics: debt leverage financial performance S&P Global Ratings Snap Inc.