trending Market Intelligence /marketintelligence/en/news-insights/trending/EcDsAzwnyKqfTCSMzduI7A2 content esgSubNav
In This List

Analyst starts Snap coverage

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Can private clouds ever really compete with the public cloud?

Blog

Esports, short-form content engaging more fans across Asia

Blog

Gauging Supply Chain Risk In Volatile Times


Analyst starts Snap coverage

Deutsche Bank analyst Lloyd Walmsley initiated coverage on Snap Inc. at "buy," while noting that the company offers the "next great mobile ad business amidst a sea of investor skepticism," TheFly.com reported March 28.

Walmsley also cited Deutsche Bank's consumer survey to say that several key investor concerns are overblown. The analyst has a $30 price target on the company's stock.

Analysts at Citi and Bank of America Merrill Lynch also started their coverage on Snap.