Bernstein Maintains a Hold on Snap Inc. (SNAP), Sets a $9 PT

Snap Inc. (NYSE:SNAP) is one of the best stocks under $20 to buy for the long term. In a report released on August 11, Mark Shmulik from Bernstein maintained a Hold rating on Snap Inc. (NYSE:SNAP) and set a price target of $9.00.

Snap Rallies (SNAP) 7.6% as Analyst Raises Price Target

A young adult family using a Camera to record moments of their daily life.

Similarly, Brad Erickson from RBC Capital maintained a Hold rating on the stock on August 6, setting a price target of $10.00.

Snap Inc. also received a Hold rating from Piper Sandler’s Thomas Champion in a report issued the same day.

The stock’s median price target of $7.05 implies an upside of 27.66% from current levels.

Snap Inc. is a technology company that runs Snapchat as a visual messaging social application. Snapchat is the company’s core mobile application that employs augmented reality in its various “Lenses.”

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This article is originally published at Insider Monkey.