Snap shares rise on first ‘buy’ rating from Wall Street

Snap finally has a friend on Wall Street. Shares of Snapchat’s parent company rose 3.5 percent to $ 20.23 early Monday after they got their first “buy” rating from a bank analyst. Monness Crespi Hardt initiated its coverage of the disappearing-photo app, recommending that clients Snap them up with a price target of $ 25. Still, the…

Full Story Via Business | New York Post

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