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Truist Financial Sticks to Their Buy Rating for Snap One Holdings (SNPO)
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Truist Financial Sticks to Their Buy Rating for Snap One Holdings (SNPO)

In a report released today, Keith Hughes from Truist Financial maintained a Buy rating on Snap One Holdings (SNPOResearch Report), with a price target of $12.00. The company’s shares closed last Friday at $8.19.

Hughes covers the Industrials sector, focusing on stocks such as Builders Firstsource, PGT, and TopBuild. According to TipRanks, Hughes has an average return of 25.5% and a 69.71% success rate on recommended stocks.

Snap One Holdings has an analyst consensus of Strong Buy, with a price target consensus of $11.63, representing a 42.00% upside. In a report released on February 27, UBS also initiated coverage with a Buy rating on the stock with a $12.00 price target.

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The company has a one-year high of $12.06 and a one-year low of $6.70. Currently, Snap One Holdings has an average volume of 38.11K.

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Snap One Holdings (SNPO) Company Description:

Snap One Holdings Corp has a portfolio of interconnected products both proprietary as well as a curated selection of third-party products and software solutions that help connect, control, entertain, and power homes and businesses. It generates net sales by selling to its integrators hardware products both with and without embedded software, which are then resold to end consumers, typically in the installation of an audio/video, IT, smart-home, or surveillance-related package.

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