Evercore ISI Is Warming To Twitter (TWTR) But No Upgrade Yet
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April 7, 2016 9:03 AM EDT
Twitter, Inc. (NYSE: TWTR) is lower in pre-open trade Thursday (-2.8%) following a scathing report from Morgan Stanley analyst Brian Nowak on prospects for the social network. Nowak cut his price target on the Underweight-rated stock to $16 (from $18) and set a bear case price target of $8. The report comes as Twitter engagement and user trends show continued declines.
Nowak said engagement and new user trends remain "troubling."
"We... More
April 6, 2016 9:33 AM EDT
Stifel analyst, Matthew Heinz, believes yesterday's selloff in Akamai (NASDAQ: AKAM) shares was primarily due to uncertainty surrounding the impact of Twitter's (NYSE: TWTR) deal with the NFL in obtaining digital streaming rights for 10 Thursday Night... More
April 6, 2016 8:30 AM EDT
Macquarie analyst, Ben Schachter, is waiting for proof before suggesting investors step in and buy Twitter, Inc. (NYSE: TWTR). He thinks the NFL deal is clearly a positive because it gets high-profile content for a relatively small sum. It could help bring new MAUs to the site, but given TWTR's execution issues, he is going to wait to see if the NFL deal can meaningfully improve user metrics.... More
