Blue Apron’s stock has languished since its initial public offering (IPO).

According to Guggenheim analyst Matt DiFrisco, this is a perfect buying opportunity.

Not only does he expect the stock to reach his target of $9 in the next 12-24 months, but he expects the meal-service industry to see 25% growth to $20 billion by the year 2020.

Related Meal Delivery Services
More Meal Delivery Services