Resignation of Twitter (TWTR) CEO Costolo Not Surprising Given Growth, Engagement Challenges - Cowen
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Twitter (TWTR) Continues to Flounder Following CEO News
June 15, 2015 9:59 AM EDTTwitter (NYSE: TWTR) continues to see selling pressure as last week's CEO departure has only added to uncertainty. After trading up as much as 10% when the news first broke after-hours last Thursday, shares drifted lower all day Friday - eventually closing flat. Shares are... More
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) M&A 'Slightly More Possible' - Deutsche Bank
June 12, 2015 7:13 AM EDTDeutsche Bank maintained a Buy rating on Twitter, Inc. (NYSE: TWTR) with a price target of $60. Yesterday CEO Dick Costolo said he was stepping down. In the view of analyst Ross Sandler, "change is a good thing." He also sees M&A as "slightly... 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
