So What's Up With Snap Stock Today?

Snap Inc SNAP shares are trading higher by around 3% in Tuesday’s pre-market session after Atlantic Equities upgraded the stock from Neutral to Overweight and announced a price target of $75 per share.

Despite names in tech and growth losing momentum amid rising Treasury yields, Snap has seen a number of analyst rating updates since its Feb. 23 investor day event:

Date	Research Firm	Action	Current	PT
4/06/21	Atlantic Equities	Upgrades	Overweight	75.0
4/01/21	Wolfe Research	Initiates Coverage On	Outperform	65.0
3/30/21	Morgan Stanley	Maintains	Overweight	74.0
3/22/21	B of A Securities	Downgrades	Neutral	67.0
2/24/21	Truist Securities	Maintains	Buy	84.0
2/24/21	UBS	Maintains	Buy	85.0
2/24/21	Canaccord Genuity	Maintains	Hold	76.0
2/24/21	Piper Sandler	Maintains	Overweight	83.0
2/24/21	Jefferies	Maintains	Buy	85.0
2/24/21	Morgan Stanley	Maintains	Overweight	85.0

Snap is an American camera and social media company founded in 2011 by Evan Spiegel and Bobby Murphy. Snap is based in Santa Monica, California and has three products that drive revenue: Snapchat, Spectacles and Bitmoji.

See also: How to Buy Snapchat Stock