TipRanks Financial
1 month agoGrowth hacking
Buy Rating for Snap Inc. Amidst Strong Advertising Growth and Expanding Revenue Streams - TipRanks.com
BMO Capital analyst reiterated a Buy rating on Snap with price target of $20.00, citing strong growth potential.
Snap experienced significant ad revenue growth, increase in SMB adoption, robust Snapchat+ subscriber numbers, and product improvements.
Focus on re-engaging North American users, cost efficiency, and positive revenue forecasts indicate promising financial performance for Snap. [ more ]