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Snap's Trading Volume Surges to $366 Million, Ranking 291st Despite Stock Price Decline
Generated by AI AgentAinvest Volume Radar
Monday, Jul 21, 2025 6:40 pm ET1min read
Aime SummaryOn July 21, 2025, Snap's trading volume reached $366 million, marking a 30.72% increase from the previous day. This surge placed
at the 291st position in terms of trading volume for the day. However, Snap's stock price declined by 1.30%.Rohit Kulkarni, an analyst at Roth Capital, has raised the price target for Snap from $9 to $9.50 while maintaining a Neutral rating. Kulkarni's assessment highlights Snap's improved execution and successful new product launches. The analyst suggests that slight outperformance in the second quarter and Q3 guidance aligning with market expectations could support a gradual rise in Snap's stock value.
Goldman Sachs Group reduced their target price on Snap from $9.50 to $8.50 and maintained a "neutral" rating on the stock. This adjustment reflects the firm's updated outlook on Snap's future performance.
Piper Sandler also adjusted their price objective on Snap, lowering it from $13.00 to $10.00 and maintaining a "neutral" rating. This change indicates a more cautious stance on Snap's potential growth.
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