Furthermore, many of the price target hikes were featured alongside buy or outperform ratings. Here's a closer look at why analysts are so bullish on the growth stock -- and what's behind the most optimistic Snap analyst's $110 price target for the stock. Following Snap's stronger-than-expected second-quarter results, Credit Suisse analyst Stephen Ju increased his price target for the Snapchat parent company's stock from $90 to $110, and he reiterated an outperform rating.
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