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Loop turns bullish on Snap ad growth

Nov. 25, 2019 8:04 AM ETSnap Inc. (SNAP) StockSNAPBy: Brandy Betz, SA News Editor12 Comments
  • Loop Capital upgrades Snap (NYSE:SNAP) from Hold to Buy and increases the target by $5 to $20.
  • The firm cites strong ad revenue growth and user engagement improvement over the recent quarters.
  • SNAP shares are up 1.6% pre-market to $15.50.
  • Snap has a Bullish average Sell Side rating.

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