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Snap price target raised to $10 from $9 at Bernstein

Bernstein raised the firm’s price target on Snap (SNAP) to $10 from $9 and keeps a Market Perform rating on the shares following quarterly results. There wasn’t much in the print itself to change anyone’s opinion – aggregate revenues and users in-line, North America saw decelerating growth, offset by healthy non-ad revenue growth and an adjusted EBITDA beat, the firm notes.

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