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Credit Suisse announced Snap Chat (NYSE:SNAP), bumping up its stock price target to $20.00 today

Just yesterday Snap Chat (NYSE:SNAP) traded 2.16% higher at $15.26. Snap Chat’s 50-day moving average is $14.62 and its 200-day moving average is $17.38. The last closing price is down -15.68% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 8,273,597 shares of SNAP traded hands, down from an average trading volume of 28,721,600

In a report released on 10/11/2017 Credit Suisse increased the stock price target of Snap Chat (NYSE:SNAP) from $17.00 to $20.00 reporting a possible upside of 0.31%.

Previously on 10/02/2017, Stifel reported on Snap Chat (NYSE:SNAP) held steady the target price at $18.00. At the time, this indicated a possible upside of 0.24%.

Recent Performance Chart

Snap Chat (NYSE:SNAP)

Snap Chat has with a one year low of $11.28 and a one year high of $29.44 and has a total market value of $0.

Brief Synopsis About Snap Chat (NYSE:SNAP)

Snap Inc., formerly Snapchat, Inc., is a camera company. The Company's flagship product, Snapchat, is a camera application that helps people to communicate through short videos and images known as a Snap. The Company offers three ways for people to make Snaps: the Snapchat application, Publishers Tools that help its partners to create Publisher Stories, and Spectacles, its sunglasses that make Snaps. Snaps are viewed primarily through the Snapchat application, but can also be embedded on the Web or on television in certain circumstances. Snapchat opens directly into the Camera, helping in creating a Snap and sending it to friends. The Company's advertising products include Snap Ads and Sponsored Creative Tools, such as Sponsored Lenses and Sponsored Geofilters. As of December 31, 2016, on an average, 158 million people used Snapchat every day to Snap with family, watch Stories from friends, see events from around the world, and explore curated content from publishers.

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