Former Twitter (TWTR) CEO Costolo Says M&A Not Only Option for Growth - Bloomberg TV
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Twitter (TWTR) Only Worth $17-$26 in a Takeover - Susquehanna
October 4, 2016 7:29 AM EDTSusquehanna analyst Shyam Patil performed a potential takeout price analysis on Twitter, Inc. (NYSE: TWTR) and sees a takeout range at $17-$26. With the stock currently trading at $24, they believe most of the potential upside has likely been captured.
Patil does think Twitter should sell now, before share losses to Snap (Snapchat) play out. "TWTRs fundamentals have deteriorated significantly since going public, as user growth (or lack thereof), engagement, and monetization have all been challenged. We believe share losses to Instagram, which opened up broadly in 3Q15, have played a major... More