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Snap-On price target raised to $347 from $290 at Baird

Snap-On price target raised to $347 from $290 at Baird

Baird raised the firm’s price target on Snap-On (SNA) to $347 from $290 and keeps a Neutral rating on the shares. The firm said 3Q24 saw improved momentum that strongly bucked normal seasonality reflecting what they believe is an inflection in company-specific growth as various execution tailwinds coalesce and they have changed their cautious stance to now seeking an upgrade opportunity.

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