Truist Securities Maintains Buy Rating for Snap One Holdings: Here's What You Need To Know

Truist Securities has decided to maintain its Buy rating of Snap One Holdings SNPO and raise its price target from $11.00 to $12.00.

Shares of Snap One Holdings are trading up 0.0% over the last 24 hours, at $8.19 per share.

A move to $12.00 would account for a 46.52% increase from the current share price.

About Snap One Holdings

Snap One Holdings Corp provides products, services, and software to its network of professional integrators that enable them to deliver smart living experiences for their residential and business end users. The Company's hardware and software portfolio includes proprietary and third-party offerings across connected, infrastructure, and entertainment categories. Additionally, the Company provides value-added services and workflow solutions to support integrators throughout the project lifecycle, enhancing their operations.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.