Snap (NYSE:SNAP) Given "Neutral" Rating at Guggenheim

Market Beat
2025.04.04 15:52
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Guggenheim has reiterated a "neutral" rating on Snap (NYSE:SNAP) shares. Other analysts have varied opinions, with Needham & Company giving a "buy" rating and a $640 price target, while Susquehanna and Citigroup maintained "neutral" ratings with slightly adjusted price targets. Snap's stock traded at $8.93, with a market cap of $15.15 billion. Recent insider transactions included significant sales by CTO Robert C. Murphy and General Counsel Michael J. O'sullivan. Hedge funds have also shown interest in Snap, acquiring new stakes in the company.