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Fly News Breaks for February 5, 2020
SNAP
Feb 5, 2020 | 09:05 EDT
Rosenblatt analyst Mark Zgutowicz raised his price target for Snap to $23 from $21 and reiterates a Buy rating on the shares following the company's Q4 results. The analyst says that despite the North America "pause" in Q4 and a number of important product, content, and sales initiatives still requiring execution, he looks forward to "meaningful progression" of advertiser and monetization growth in 2020.
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