Why Snap's Stock Is Trading Higher Today

Snap Inc. SNAP shares were trading higher on Friday.

Wells Fargo upgraded the stock from Equal-Weight to Overweight and lowered the price target from $20 to $14.

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

SNap's shares were trading up 8.24% at $10.25 on Friday. The stock has a 52-week high of $19.76 and a 52-week low of $7.89.

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