A Foolish Take: Teens Still Prefer Snapchat to Facebook
As more adults join Facebook (NASDAQ: FB), more teens are retreating to Snap's (NYSE: SNAP) ephemeral messaging app Snapchat to avoid their parents' prying eyes.
Piper Jaffray's biannual "Taking Stock with Teens" survey confirmed that trend, with 47% of surveyed teens calling Snapchat their "favorite" social networking media platform -- up from 35% a year earlier.
Data source: Piper Jaffray. Chart by author.
Source: Fool.com
Meta Platforms Inc. Stock
€429.00
2.510%
With 10 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 16.55% for Meta Platforms Inc. compared to the current price of 429.0 €.
