Snap fell sharply after a new Neutral rating and price target highlighted weak ad feedback and mixed recovery signals. Snap Inc (SNAP -8.15%) closed at $7.71, down 8.21%. Today's move followed Mizuho's Neutral rating and $9 price target, which flagged weak feedback from advertising channels. That stance joins a growing list of Neutral ratings across the sell side in recent weeks, keeping attention on whether ad trends can stabilize and improve. Separate reporting and recent coverage have also emphasized soft ad revenue and competitive pressure in social advertising, which continue to cloud near-term visibility.