Cantor Fitzgerald raised the firm’s price target on Snap (SNAP) to $9 from $7 and keeps a Neutral rating on the shares following a “better” Q3. The Q4 guidance implies stable growth at the high-end, the analyst tells investors in a research note. The company’s new partnership with Perplexity brings plenty of potential to integrate AI experiences inside core Snapchat in 2026, Cantor argues.
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