Cantor Fitzgerald Updates Rating for Snap

2 min read | September 30, 2024 12:21 PM PDT | By Team Kalkine Media

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Cantor Fitzgerald Updates Rating for Snap — Image source: Shutterstock

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Cantor Fitzgerald restated Snap's neutral rating, signaling caution in the current market.

Multiple analysts have adjusted their ratings and price targets, indicating mixed sentiment towards Snap's performance.

The overall analyst consensus reflects a variety of viewpoints, with a majority leaning towards a hold position.

Cantor Fitzgerald Updates Rating for Snap

Snap's stock had its neutral rating restated by research analysts at Cantor Fitzgerald in a report issued on Monday, as reported by Benzinga. They currently have a price target on the stock. Cantor Fitzgerald's target price indicates a potential downside from the stock's previous close. Several other analysts have also weighed in on the stock. Truist Financial lowered their target price on shares of Snap and set a rating on the stock in a recent research note. JMP Securities reissued a market perform rating on shares of Snap in a research note. Benchmark reissued a hold rating on shares of Snap in a recent report. HSBC downgraded shares of Snap in a research report. Finally, Argus upgraded shares of Snap in another report. One analyst has rated the stock with a sell rating, while many others have given hold ratings, and a few have given a buy rating to the company's stock.

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