Evercore ISI Downgrades Twitter, Inc. (TWTR) to Hold on Reduced Conviction
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Nomura Securities Remains Neutral After Looking into Twitter's (TWTR) New Live Streaming Product
June 4, 2015 10:15 AM EDTNomura Securities maintains a Neutral rating and $39.00 price target on Twitter, Inc. (NYSE: TWTR) with the belief that the new live video streaming product, Periscope, has potential. Analyst Anthony DiClemente says that the Periscope has brought in more than 2mn users.
DiClemente commented, "We believe that Twitters live video streaming... More
Facebook (FB) PT Lifted to $105 at Evercore ISI
June 4, 2015 6:23 AM EDTEvercore ISI analyst Ken Sena raised estimates and his price target on Buy-rated Facebook (NASDAQ: FB) to $105.00 (from $95.00), saying the company's product and scale lead are evident.
Sena commented, "While the role of scale cannot be underemphasized, this report attempts to focus more on product. Moreover, while a Facebook / Twitter combined note may seem a bit disjointed in the context of a downgrade, the comparison is useful in thinking through how the landscape is changing and what opportunities and pitfalls lie ahead within content distribution."
He added, "FB now equals Google... More
Twitter (TWTR) Would Be an Instant Fit for Google (GOOGL) - Chris Sacca
June 3, 2015 5:01 PM EDTMaking waves earlier today following his product suggestions for Twitter (NYSE: TWTR),... More
Chris Sacca's Twitter (TWTR) Comments 'Spot On', SunTrust's Peck Says
June 3, 2015 1:52 PM EDTTwitter (NYSE: TWTR) is on watch after Chris Sacca published his much anticipated blog post on product suggestions today: (http://lowercasecapital.com/cables/).
Commenting on the news, SunTrust's Robert Peck said: Importantly, the blog post is not a criticism of management, but more of a... More
