Twitter (TWTR) PT Cut to $16 at Morgan Stanley on Weak User Engagement and Trends; Sees $8 Bear Case
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Twitter's (TWTR) Price Target Reduced to $16 at Morgan Stanley
April 7, 2016 7:17 AM EDTMorgan Stanley reiterated an Underweight rating on Twitter, Inc. (NYSE: TWTR) and lowered its price target to $16.00 (from $18.00).
For an analyst ratings summary and ratings history on Twitter, Inc. click here. For more ratings news on Twitter, Inc. click here.
Shares of Twitter, Inc. closed at $17.26 yesterday.
... MoreEvercore ISI Is Warming To Twitter (TWTR) But No Upgrade Yet
April 7, 2016 7:03 AM EDTEvercore ISI analyst, Ken Sena, reconsidered his investment thesis and reiterated his Hold rating on Twitter, Inc. (NYSE: TWTR) but raised estimates and his PT. While the opportunity in video is large, the market is competitive and its too early to conclude this will create a growth inflection point. However, in assessing the opportunities around live video, direct messaging, and progress on formats,... More
