THE CURRENT AVERAGE ANALYSTS PRICE TARGET IS $11.72 WHILE THE STOCK PRICE IS $11.40, THUS ANALYSTS WILL EITHER HAVE TO RAISE OR LOWER, WE ARE OF THE OPINION THAT IT WILL BE A RAISE.
SNAP HAS ALWAYS CARRIED SPECULATION BUT CURRENT SPECULATION REGARDING THE INTRODUCTION OF MUSIC WOULD BE HUGELY IMPORTANT MOVE FOR SNAP. CONSIDERING THE CORE CUSTOMERS ARE YOUNG/TEENAGERS WHO LOVE MUSIC. THIS WOULD SOLVE THE REVENUE CONUNDRUM AND TAKE MARKET SHARE FROM SPOTIFY ETC. KEEP ON WATCH FOR MARKET TO CALM.
SHORT INTEREST 13.78%
SHORT INTEREST 13.78%
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