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Snap Reports Earnings Thursday. This Analyst Team Says It’s a Buy.

Snap Reports Earnings Thursday. This Analyst Team Says It’s a Buy.

Chrys Hendricks by Chrys Hendricks
April 27, 2023
in Business
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It has been a rocky road for


Snap


stock, but a research firm found plenty of positives about the parent company of social media platform


Snapchat


ahead of its earnings release Thursday. 

A team of analysts from LightShed Partners detailed the company’s stumbles—including ad-targeting struggles, grappling with advertising competitor TikTok, and leadership challenges—but said recent mistakes are salvageable, given its dependable and growing user base.

Chrys Hendricks

Chrys Hendricks

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