Salesforce still mulls bid for Twitter as shareholders resist: sources
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Deutsche Bank Sees Twitter (TWTR) with Strong Q4 Guidance; Sees M&A Multiple Comparable to LinkedIn (LNKD)
October 11, 2016 9:14 AM EDTDeutsche Bank is out with a bit of positive commentary on Buy-rated Twitter (NYSE: TWTR) today. The firm reiterates its $22 price target on the stock.
Analyst Ross Sandler and his team offered the following observations with today's report:
Amidst intense volatility around whether TWTR is acquired or not, we shift back to what we can track, ie - the fundamentals. Our checks point to a high-end of the range revenue print from TWTR with slightly up MAUs for 3Q, and we think 4Q guidance could meet/exceed consensus for the... More
Twitter (TWTR) Gains Into Close on Reports Salesforce (CRM) Considering 'Low Ball' Offer
October 10, 2016 3:53 PM EDTTwitter (NYSE: TWTR) moves of lows and Salesforce (NYSE: CRM) pares gains on reports from Reuters Salesforce is considering a 'lowball offer' for Twitter in the coming day.
TWTR is down 10.6%, while CRM is up 5.6%.
... More