Form 8-K TWITTER, INC. For: Jun 11
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SunTrust's Peck Weighed in on Twitter (TWTR) Following Costolo Resignation
June 12, 2015 7:15 AM EDTSunTrust Robinson Humphrey analyst Robert Peck weighed in on Twitter, Inc. (NYSE: TWTR) amid news CEO Dick Costolo is stepping down. The firm reiterated a Neutral and trimmed its price target to$40.00 (from $44.00).
Peck believes the board will look for internal and external candidates that have either run large media organizations or have deep product experience. Candidates that make senses including: Ross Levinsohn (former Yahoo! CEO), Adam Bain (Twitter President of Global Revenues & Partnerships), Mike... More
Twitter (TWTR) Costolo Resignation Driven by Shareholder Consensus, Jefferies Notes
June 12, 2015 6:45 AM EDTJefferies US Internet Team reiterated a Buy rating and $60 price target on Twitter, Inc. (NYSE: TWTR) amid news CEO Dick Costolo is stepping down.
They commented, "In a move likely driven by shareholder consensus, CEO Dick Costolo is stepping down effective July 1st. Shareholders... More
Twitter (TWTR) Costolo Resignation Not a Surprise, Sterne Agee CRT Says
June 12, 2015 6:36 AM EDTSterne Agee CRT analyst Arvind Bhatia reiterated a Neutral rating on Twitter, Inc. (NYSE: TWTR) following CEO Dick Costolo's resignation, which he said will not come as a surprise to investors.
Bhatia commented, "Costolo has been under enormous pressure for some time since... More
Brean Capital Maintains Buy on Twitter (TWTR) as CEO Replaced; Reaffirmed Guidance Should Calm Fears
June 12, 2015 6:27 AM EDTBrean Capital analyst Sarah Hindlian reiterated a Buy rating and $55 price target on Twitter, Inc. (NYSE: TWTR) amid news that CEO Dick Costolo would be stepping down effective July 1, 2015 after 5 years at the helm. Co-Founder and Chairman of the Board Jack Dorsey... More
Twitter (TWTR) Says Focus is to Remain Independent
June 11, 2015 5:29 PM EDTWith its CEO transition conference call Thursday, Twitter (NYSE: TWTR) said its focus is to remain independent, but will carefully evaluate any offer. The company doesn't foresee changes in strategy or direction. The company's goal remains to maximize shareholder value as an independent... More
