Growing at an Unbelievable Rate: Snap Inc. (SNAP) Stock

Wolfe Research raised the price target for the Snap Inc. (NYSE:SNAP) stock from ‘an Outperform’ to ‘a Peer perform’. The rating was released on June 25, 2023, according to finviz. We previously noted in another research note published on June 25, 2023 by Morgan Stanley that downgraded the stock from an Overweight to an Underweight with a price target of $8 for SNAP stock. In their research brief published June 22, 2023, Truist analysts downgraded the Snap Inc. stock from Buy to Hold with a price target of $12.