India represents one of WhatsApp’s largest markets. According to a Jan. 12 Tech Crunch report, citing data from mobile insight firm App Annie, in December, India had 422 million monthly active users on Google’s (GOOG) Android platform alone.
Wall Street analysts are bullish about the stock and the consensus is a Strong Buy based on 31 Buys, 2 Holds, and 1 Sell. The average price target of $324.84 suggests upside potential of around 29.2% over the next 12 months.
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