Blurbs

Morgan Stanley Remains a Hold on Snap One Holdings (SNPO)

Morgan Stanley analyst Erik Woodring maintained a Hold rating on Snap One Holdings (SNPOResearch Report) today and set a price target of $11.00. The company’s shares opened today at $9.67.

According to TipRanks, Woodring is an analyst with an average return of -16.0% and a 48.33% success rate. Woodring covers the Technology sector, focusing on stocks such as Apple, HP, and Seagate Tech.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Snap One Holdings with a $13.60 average price target.

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SNPO market cap is currently $755.5M and has a P/E ratio of -22.06.

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Snap One Holdings Corp has a portfolio of interconnected products both proprietary as well as a curated selection of third-party products and software solutions that help connect, control, entertain, and power homes and businesses. It generates net sales by selling to its integrators hardware products both with and without embedded software, which are then resold to end consumers, typically in the installation of an audio/video, IT, smart-home, or surveillance-related package.

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