Full Retard: Drexel Hamilton Says Buy Snapchat For 50% Upside

Well, I suppose someone had to take the plunge, and that someone – errr.. some “firm” – is Drexel Hamilton who just doesn’t think you quite understand the inherent potential of a certain “camera company” which is also a “platform for imagination.”

This is SNAP’s second buy rating.

Via Bloomberg

  • Snap Gets Street-High $30 PT at Drexel Hamilton
  • Unique tech co. should not be pigeonholed in a particular industry, investors may risk missing the forest for the trees, Drexel Hamilton analyst Brian White writes in note.
  • Cites mindset for innovation to transcend the boundaries of its competitors
    Snap a “platform for the imagination”; fun place to spend time, which can be monetized

SNAP

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