Piper's Munster Says Google Benefits from Twitter (TWTR) Without Owning It - Bloomberg
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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
Twitter (TWTR) Set to Open Higher on Reports Google (GOOGL) Tapped Lazard for Potential Bid
October 3, 2016 7:16 AM EDTTwitter (NYSE: TWTR) was set to open higher Monday amid ongoing M&A rumors. On Friday after the close, Bloomberg... More
Mizuho Securities Downgrades Twitter, Inc. (TWTR) to Underperform; Skeptical M&A Will Happen
September 28, 2016 6:15 AM EDTMizuho Securities downgraded Twitter, Inc. (NYSE: TWTR) from Neutral to Underperform with a price target of $15.00 citing valuation after the recent run-up on M&A speculation.
Analyst Neil Doshi commented, "We are downgrading shares of TWTR to Underperform based on valuation. The stock is up ~45% since 2Q earnings, primarily driven by... More