Morgan Stanley Maintains a Hold Rating on Snap Inc. (SNAP)

​Snap Inc. (NYSE:SNAP) is one of the Best Value Penny Stocks to Buy Now. On February 23, Brian Nowak from Morgan Stanley reiterated a Hold rating on Snap Inc. (NYSE:SNAP) and lowered the price target from $9.5 to $6.5. Earlier, on February 12, Ronald Josey from Citi also reiterated a Hold rating on the stock and lowered the price target from $10 to $6. ​Analyst Nowak from Morgan Stanley noted that while the company’s core business is performing better than expected, its deal with Perplexity remains in ne ...