@Jack Back = Twitter (TWTR) Sold - Analyst
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Rating Summary:
10 Buy, 47 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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One Wall Street analyst is not mincing words about what Jack Dorsey's expected return as the permanent CEO of Twitter (NYSE: TWTR) means. The analyst said it means just one thing... the company will be sold.
The tweet comes from Corinna Freedman an analyst at BB&T Capital. Corinna follows the Footwear, Apparel & Accessories sector at the firm, so Twitter is not a stock she covers or has expertise about. Also, the comments are simply an opinion by the analyst not formal research. Nonetheless, the comments are striking.
The most obvious suitor for Twitter is Google (NASDAQ: GOOG) (NASDAQ: GOOGL), most would say. The two already have a very close working relationship.
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