6/15/2023 0 Comments Stock price of snapThe camera-based tech firm earned $1.30 billion in revenue for Q4, matching analyst estimates exactly, while also growing their user base by 22%. Snap’s Q4 2020 report showed the company was able to outpace analysts’ estimates, even during a tumultuous year, reporting -0.08 cents earnings per share compared to expectations of -0.10 cents. This notable upgrade may be due in part to Snap’s better-than-expected quarterly earnings data released at the end of January. The research note comes with a $13.00 price target on the stock, indicating a potential upside of 19.16% from its previous close. Snap, Inc., the parent company of Snapchat, has recently received an “outperform” rating restatement from Credit Suisse Group in a research note issued to investors on Thursday. Snap Stock Restated as “Outperform” by Credit Suisse Group
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