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Snap price target lowered to $10 from $13 at Piper Sandler

Piper Sandler lowered the firm’s price target on Snap (SNAP) to $10 from $13 and keeps a Neutral rating on the shares. The firm is cautious on Snap into earnings. Piper’s FY25 revenue and EBITDA fall 2.4% and 3.3%, respectively.

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