Snapchat Investors Discover Mark Zuckerberg Has Monopoly On “Monetizable Fun Places To Spend Time”

Exactly a week ago we had a very simple message for investors following Drexel Hamilton's decision to give SNAP its second buy rating: Drexel's rationale was nothing short of ridiculous. To wit: Snap is a “platform for the imagination”; fun place to spend time, which can be monetized As it turns out, a lot of Street folk (including SNAP's underwriters) agree. Which is why you got this on Monday: Snap (SNAP) rated new buy at Goldman, PT $27 Snap (SNAP) rated new buy at Jefferies, PT $30