Snap stock trading at highest price in over a year on Wells Fargo upgrade
Publishing timestamp: 2023-12-11 12:51:14
Summary
Shares of Snap reached their highest price in over a year after Wells Fargo analysts upgraded the stock and raised their price target. The analysts believe that Snap's recent changes to its products and leadership have contributed to revenue growth and innovation. Snap's third-quarter earnings report also exceeded expectations, leading to a brief surge in share prices.
Sentiment: POSITIVE
Tickers: META, GOOGL, SNAP, WFC,
Keywords: wells fargo & co, evan spiegel, meta platforms inc, media, social media, technology, business news, breaking news: technology, alphabet inc, internet, breaking news: business, snap inc, earnings,