Snap (SNAP)
Evercore ISI analyst Mark Mahaney maintained a Buy rating on Snap on April 23 and set a price target of $75.00. The company’s shares closed last Friday at $61.30.
According to TipRanks.com, Mahaney is a top 25 analyst with an average return of 47.8% and a 69.3% success rate. Mahaney covers the Technology sector, focusing on stocks such as Spotify Technology SA, Zillow Group Class A, and Uber Technologies.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Snap with a $79.15 average price target, implying a 27.6% upside from current levels. In a report issued on April 13, Wedbush also upgraded the stock to Buy with a $75.00 price target.