https://finance.yahoo.com/news/snap-stock-may-be-125-overvalued-and-due-for-a-crash-142532682.html

Gushes JMP Securities analyst Ron Josey, “Snap announced several new products and ad offerings at its first ever Partner Summit in Los Angeles on April 4, which we believe can ultimately improve the company’s engagement and reach among its 186 million DAUs and advertisers. We are encouraged with these new products and features, and the whole event, as it highlights Snap’s overall reach — it now reaches 90% of 13 to 34-year-olds — and continued innovation in social, messaging, and AR.”

The upbeat tone on Snap following its latest partner summit is reflected elsewhere on the Street, that much is for sure.