Form 8-K TWITTER, INC. For: Apr 28

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Go back to Form 8-K TWITTER, INC. For: Apr 28

Twitter's (TWTR) TellApart Deal was Costly, SunTrust's Peck Says

April 30, 2015 7:54 AM EDT

SunTrust Robinson Humphrey analyst Robert Peck again cut his price target on Twitter, Inc. (NYSE: TWTR) after the disclosure of the TellApart deal size.

The firm's price target goes to $44.00 (from $45.00) with the Neutral rating maintained as the company's disclosure suggests the TellPart deal cost ~$550 million.

Peck commented, "The deal is... More