Snap Inc. (NYSE:SNAP) is one of the AI stocks under $20 to buy now. On December 19, Guggenheim analyst Michael Morris lowered the price target on Snap to$8.50 from $9, while keeping a Neutral rating on the shares. Moving into 2026, Morris noted that investor sentiment is being dampened by anticipated obstacles to usage growth and core advertising performance that lags behind industry peers. Consequently, the firm reduced its daily active user projections for H1 2026, signaling a belief that these operatio ...