2021-01-12 08:17:31 SNAP Snap
01/12/21 01/1208:17 01/12/2108:17 | Snap price target raised to $62 from $45 at CowenCowen analyst John Blackledge raised the firm's price target on Snap to $62 from $45 and keeps an Outperform rating on the shares. The analyst still likes the name despite its tripling in price in 2020, but valuation does appear stretched with the move. He said survey results were solid with potential ARPU upside given its emerging direct response ad business. |
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