Here's Why Snap Stock Popped Today
Shares of Snap (NYSE: SNAP) were rising today after an analyst raised his price target for the company's stock. Citigroup analyst Jason Bazinet raised his price target for Snap today to $24, up from the previous $19, though he kept a sell rating for the stock. The price target increase comes after Snap's third-quarter results beat analysts' revenue and earnings estimates earlier this week.