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Jefferies tells clients that Snapchat's recent strength is reaching older demographics.
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Forty-one percent of users ages 25 to 34 used the app more often today than during Jefferies' first survey last June.
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The firm maintains a buy rating with a $30 price target on the stock.
Submitted April 17, 2017 at 09:57AM by Glebatron http://ift.tt/2pthSVX