Canaccord analyst Maria Ripps raised the firm’s price target on Snap (SNAP) to $13 from $12 and keeps a Hold rating on the shares. The firm said Q3 results were generally solid, with total revenue coming in 1% ahead of consensus while profitability was well above expectations amidst continued operating expense discipline.
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Read More on SNAP:
- Snap price target raised to $13 from $12 at Piper Sandler
- Snap price target lowered to $16 from $17 at JMP Securities
- Snap Inc. Reports Strong Q3 2024 Financial Results
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