Snap shares can move higher once investorsshift their focus back to product innovation and the enormous advertising opportunity, Barclays analyst Ross Sandler(equalweight, PT $18) writes in note.
* 2Q results should broadly be in-line with reduced street expectations around daily active user additions and revenue
* Suggests waiting until the heavy lockup volume subsides to add positions, likely some time in mid-3Q
Source: Bloomberg Pro Terminal
Junior Trader Stefan Panteleev
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