In a report released today, Jason Bazinet from Citigroup upgraded Snap (SNAP – Research Report) to Buy, with a price target of $50.00. The company's shares closed last Tuesday at $33.63, close to its 52-week low of $24.32. According to TipRanks.com, Bazinet is a 3-star analyst with an average return of 0.8% and a 56.5% success rate. Bazinet covers the Services sector, focusing on stocks such as Liberty Media Liberty SiriusXM, Peloton Interactive, and AMC Entertainment. Snap has an analyst consensus of Strong Buy, with a price target consensus of $53.70, a 65.9% upside from current levels.
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Snap (NYSE:SNAP)
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