Twitter (TWTR): 5 Reasons Twitter Is A Sell for 2017 - Moffett Nathanson
Get Alerts TWTR Hot Sheet
Rating Summary:
10 Buy, 47 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 2 | New: 1
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MoffettNathanson analyst, Michael Nathanson, reiterated his Sell rating on Twitter, Inc. (NYSE: TWTR) citing 5 reasons:
1) Senior leadership defections without replacement
2) Streaming sports transformation will likely fail as NFL explores new options
3) Trump bump does not translate into global growth
4) Checks indicate US growth could be negative in 4Q
5) If you value TWTR comparably to internet peers it should be closer to single digits
price target of $11.00
For an analyst ratings summary and ratings history on Twitter, Inc. click here. For more ratings news on Twitter, Inc. click here.
Shares of Twitter, Inc. closed at $17.30 yesterday.
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