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Snap Chat (NYSE:SNAP) target price raised to $30.00, reported today by Jefferies & Co

Snap Chat (NYSE:SNAP) had its target price raised to $30.00 by Jefferies & Co in a report released 5/23/2017. The new target price indicates a possible upside of 0.49% based on the company's last stock close price.

Previously on 5/15/2017, Canaccord Genuity reported about Snap Chat (NYSE:SNAP) raised the target price from $0.00 to $22.00. At the time, this indicated a possible upside of 0.07%.

Yesterday Snap Chat (NYSE:SNAP) traded 1.55% higher at $20.12. The company’s 50-day moving average is $14.90 and its 200-day moving average is $16.76. The last stock close price is up -6.44% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 23,657,796 shares of the stock were exchanged, down from an average trading volume of 29,810,300

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Snap Chat (NYSE:SNAP)

Snap Chat has a 52 week low of $11.28 and a 52 week high of $29.44 The company’s market cap is currently $0.

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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