In a report released today, Mark Zgutowicz from Rosenblatt Securities reiterated a Buy rating on Snap (SNAP – Research Report), with a price target of $18.00. The company’s shares closed last Wednesday at $16.24.
According to TipRanks.com, Zgutowicz is a 5-star analyst with an average return of 20.0% and a 60.0% success rate. Zgutowicz covers the Technology sector, focusing on stocks such as Spotify Technology SA, Criteo SA, and Pinterest.