Roth Capital analyst Rohit Kulkarni raised the firm’s price target on Snap (SNAP) to $9.50 from $9 and keeps a Neutral rating on the shares. The firm’s checks indicate improved execution and better product launches, the analyst tells investors in a research note. A modest Q2 beat and an in-line Q3 guide vs. Street would be viewed as being “good enough” for shares to grind higher, Roth argues.
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