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Drexel Hamilton covered Snap Chat (NYSE:SNAP), bumping up its stock price target to $30.00 today

In a report issued 5/25/2017 Drexel Hamilton increased the stock price target of Snap Chat (NYSE:SNAP) to $30.00 stating a potential upside of 0.38%.

On 5/23/2017, Jefferies & Co released a statement for Snap Chat (NYSE:SNAP) bumped up the target price from $0.00 to $30.00 that suggested an upside of 0.49%.

Boasting a price of $21.69, Snap Chat (NYSE:SNAP) traded 1.55% higher on the day. With the last stock price close up -6.44% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Snap Chat has recorded a 50-day average of $14.90 and a two hundred day average of $16.76. Volume of trade was down over the average, with 23,657,796 shares of SNAP changing hands under the typical 29,810,300

Performance Chart

Snap Chat (NYSE:SNAP)

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

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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