Snap spikes to its best level in more than 3 months (SNAP)

pulse

October 12, 2017 3:51 PM

Snap is still 5.6% below its $17 IPO.

Thursday's advance comes after the social media company received a pair of favorable bank write ups on Wednesday. Credit Suisse raised its price target on the stock to $20 a share and said advertisers were finally warming up to the platform's

Snap is set to report third-quarter earnings on November 15.

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