Why Jefferies Raised Its Snap Price Target to $21

The video discusses the performance and future potential of SNAP's stock, highlighting its recovery and growth strategies, including the Android rebuild and financial control. It compares SNAP with Facebook, noting Facebook as the top pick. The focus shifts to international growth, emphasizing the potential of a global user base despite lower profitability. Monetization strategies, including advertising and map features, are explored, with a positive outlook on future opportunities.

What factors contributed to the analysts' view on the performance of SNAP shares?

How did the company manage to put itself back on track according to the discussion?

What are the expectations for the stock's performance moving forward?

What is the significance of international user growth for the platform?

In what ways can the platform monetize its user base according to the speaker?