RBC Capital Sticks to Their Hold Rating for Snap (SNAP)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Brad Erickson maintained a Hold rating on Snap (SNAP) with an $8.00 price target, while shares closed at $4.56. This aligns with the broader analyst consensus of Hold and a consensus price target of $7.59. Additionally, Mizuho Securities also issued a Hold rating for Snap, setting its price target at $5.00.
RBC Capital analyst Brad Erickson maintained a Hold rating on Snap on July 21 and set a price target of $8.00. The company’s shares closed yesterday at $4.56.
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Erickson covers the Communication Services sector, focusing on stocks such as Zillow Group Class A, Angi, and Meta Platforms. According to TipRanks, Erickson has an average return of 6.9% and a 52.02% success rate on recommended stocks.
Snap has an analyst consensus of Hold, with a price target consensus of $7.59, representing a 66.45% upside. In a report released yesterday, Mizuho Securities also maintained a Hold rating on the stock with a $5.00 price target.