Snap Stock Extends Rebound on Analyst Praise

www.schaeffersresearch.com
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fairly easy
Snap (SNAP) stock is climbing higher after Atlantic Equities upgraded the stock to "overweight"
The shares of Snap Inc (NYSE:SNAP) are up 4.5% at $56.52 this morning, buzzing on analyst praise. Specifically, Atlantic Equities lifted its rating to "overweight" from "neutral," citing strength in its ad business and pipeline products, which could help grow revenue.

Atlantic Equities joins an already bullish brokerage bunch. Prior to today's coverage, 21 analysts considered SNAP a "buy" or better, while six said "hold" or worse. Plus, the…
Lillian Currens
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