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Why Snap Stock Is Up 14.7% This Week

The camera, messaging, and social media company got an analyst upgrade, potentially good news from a competitor, and rode the positive broad market performance this week. There was minimal official news out of Snap this week, but investors still got some positive indicators that may have caused people to buy shares. First, JMP Securities put out a buy rating and a $42 price target on the stock. Read More...

The camera, messaging, and social media company got an analyst upgrade, potentially good news from a competitor, and rode the positive broad market performance this week. There was minimal official news out of Snap this week, but investors still got some positive indicators that may have caused people to buy shares. First, JMP Securities put out a buy rating and a $42 price target on the stock.

Read More

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